JIM ROGERS BLOG: 06/12/13

Wednesday, June 12, 2013

Gold down but can still go bit lower

Although gold prices have gone down a lot, it's still hard to call it an end.

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: Russia contrarian investment

Everybody hates Russia for many good reasons… including me for a long time. That's usually a place that you should look, when people hate a market. And so I am looking.

Recognize Change

"Those who can not adjust to change will be swept aside by it. Those who recognize change and react accordingly will benefit." - in A Gift To My Children

Street Smarts: People Tell Me It’s My Best Book

"To my surprise people tell me it’s my best book. I never would have expected this reaction. I’ve written a few books about specific things, but my publisher said, “look, you’ve never sort of pulled it together: how did you get from the backwoods of Alabama to Singapore” – among a few things. I had a few setbacks along the way, and a couple of successes. So I sat down to put it all together in the book, how it all worked and everything seemed to be worth it. Some people seem to enjoy it, to my delight." - in Gold Money

Gold Is Not Money

"Everybody has their own view. Mine is that gold is not money until you can go into a shop and get someone to accept it as money. Gold, certainly in recent decades, is nothing more than a commodity. Yes at times it has been money in the past, but so has silver, so have seashells, so have cattle. A lot of things have been used as money. Silver has been money more than gold historically, and throughout the world there is a lot more silver around." - in GoldMoney.com