Jim Rogers “I Will Buy More” Gold

Investor Jim Rogers, said he remains bullish on gold and silver in the long term.

In the short term he is not so optimistic about gold and silver prices.

“I expect the price to decline and when that happens I will buy more,” Rogers said at a conference in Bucharest.

He recently said that he would buy gold at $1,600/oz and would increase position by even more at $1,500/oz – reiterating that gold is going much higher in the coming decade.

He said in November 2011 that gold “will easily go to $2,000 but it will reach $2,400 over the course of the bull run, which has years to run.”

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s