Monday, May 12, 2014

Jim Rogers Says It May Be a Year or Two Before Gold Is a Buy

If nothing else you have to love Kitco for their intellectual honesty in putting stuff that may be contra their immediate economic interests on the website. We have them on the sidebar at right.
From Kitco:
Opportunity To Buy Gold Coming: Jim Rogers
Famed commodity investor Jim Rogers is on Kitco News to speak about the Chinese and US economy, gold, and even bitcoin. Rogers has some very interesting thoughts about the yellow metal and where he thinks it may be headed. “Gold is still correcting… I expect there to be another opportunity to buy gold sometime in the next year or two.” He also shares his insights on the US economy and how he is not so confident in the US dollar given the country’s elevated debt levels. “No country in world history has got itself into this kind of situation and got out without a crisis or semi-crisis.” He also shares some insights on bitcoin and what he thinks of the cryptocurrency. Tune in now to watch the latest edition of “On the Spot” with Daniela Cambone. Kitco News, May 8, 2014 ...MORE