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Gold going to $2,000 but silver a better buy says Jim Rogers
Posted on 24 October 2010 with 1 comment from readers
Jim Rogers is the legendary investor who got commodities right before anybody else in 1998. Now he says gold is going to $2,000, but silver is 60 per cent under its all-time high and so a better buy than gold.
Rogers sees the dangers of money printing and has been proven right many times before. His timing seems a bit out with this prediction as gold has just come off its recent all-time highs and might show some weakness in a wider financial market sell-off. But longer term this view is very solid.
Posted on 24 October 2010
Categories: Global Economics, Gold & Silver, Investment Gurus, Video Channel
1 Comment posted by readers:
Jim Rogers – Marc Faber – Richard Russell – Eric Sprott – John Embry – Doug Casey – Martin Weiss – etc. . . . these are the “truth tellers” that are worth listening to! hey help to inform the global public about what is really happening, and how to invest accordingly to protect one’s family.
Got physical gold? Got physical silver?
footnote: I have to agree with Rogers on the potential for silver. The US government doesn’t have a “strategic” stockpile of silver; they used to have over a billion oz of the stuff, back in the 1960s.