Monday, May 13, 2013

Jim Rogers on How to Gain Exposure To Gold

"There are various ways, you can buy coins or bars or futures. Futures are where you get the best leverage but you’d better know what you’re doing or you’re going to get wiped out pretty quickly. But you can also get extremely rich pretty quickly if you know what you are doing, if you get it right. Or gold mining stocks. But if you are going to buy gold mining stocks be sure you get the right one because more money has been lost in gold mining stocks over the past 100 years than any other asset class, including railroads and airlines." - in Morningstar

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).