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January 4, 2014

India Is Blaming Gold For Their Problems

“They've got a huge balance of trade deficit and the three largest parts are oil, gold and cooking oil. They cannot do anything about oil or cooking oil, so they're attacking gold, blaming their problems on gold. Gold has not caused their problems, gold is a symptom of their problems, but politicians are pretty simple-minded people and they look for the easy answer.” - in Mineweb


You can keep reading Jim`s market updates and financial commentary on the new website: Rogers on The Markets (click on the link or on the image below to access the new website)



Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several books and also a financial commentator worldwide.
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