Wednesday, April 17, 2013

Gold needs this correction

Gold has gone up 12 years in a row. I don't know of any asset in history that has gone up 12 years without a major correction. This may be the correction that gold needs. If it goes down enough, I will start buying it.

Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).