September 30, 2011

Can Gold Trade Over 10,000?

Gold back in the ‘70s has not gone up ten years in a row. It has only gone up two years, three years, four years max. So things are all a little bit different now than what they were then. Can gold trade at over 10,000? Of course it can and it might. But not this year. - in GoldSeek radio

Related: SPDR Gold Trust ETF (GLD), Novagold (NG), Newmont Mining (NEM), Barrick Gold (ABX)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.