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.

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).