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Thursday, June 28, 2012

Jim Rogers Bullish on Gold but Would Rather Buy Silver Today


Jim Rogers Bullish on Gold but Would Rather Buy Silver Today
  • “Gold is up 11 years in a row. Gold is consolidating now, a well-deserved consolidation. I own gold, I’m not selling gold. If gold goes down, I’ll buy more.”
  • He’s bullish gold will eventually go well over $2,000 an ounce but said corrections of between 30% and 40% are normal.
  • Rogers owns all the metals but said if he had to buy one today, it would be silver.
- in ETFtrades
GOLD and SILVER MARKET

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