November 17, 2009

Gold: "I Should Be Selling At The Top, But I Don`t Think This Is The Top"

Jim you are typically a contrarian investor. If everyone is buying, shouldn't you be selling?

Jim Rogers : Yes, I should be selling at the top, but I don't think this is the top. Gold, if you adjust it for its old highs, adjust it for inflation back in 1980, gold should be over $2000 an ounce right now. In my view, in this bull market in commodities gold will make all new highs adjust for inflation.

in The Globe And Mail