Monday, July 15, 2013

Gold is going to eventually make new highs.

You know when you have people that are faithful, or true believers, you usually don't hit a true bottom until most of those people get washed out. Gold is going to eventually make new highs. The bull market's not over.

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).

Gold: In The Process Of Making A Complicated Bottom

"It may go down another 20 percent or 30 percent. Who knows? But by the end of this decade, it will be much higher. I suspect we are in the process of making a complicated bottom which may take a few days, weeks, months, maybe even another year or two. But then, ultimately, gold will make its fabulous bottom…then it will be off to the races again." - in a recent interview with Max Keiser

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 BLOG