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).
Jim Rogers graduated from Yale University and has a degree in philosophy, politics and economics from Oxford University. Jimmy Rogers became a Wall street legend when he and George Soros founded the Quantum Fund.After his career as a hedge fund manager and investor,Jim Rogers now periodically teaches finance at Columbia University, and appears regularly on the CNBC Cable Network.
Wednesday, November 20, 2013
Gold: There Will Be A Better Chance To Buy Gold in The Future
I don`t know if there will be a 50 percent correction. I do know that 50 percent corrections are normal. That is what happens in all markets. It is not unusual at all. So, I suspect we might have a 50 percent correction before it`s over. That is not a prediction, but I suspect it will happen. I am not buying at the moment. I think there will be a better chance to buy gold in the future.