Thursday, November 7, 2013

What is Jim Rogers position on GOLD ?

India is the world's largest consumer of gold. It's their second-largest import, after oil. They can't do much about oil, but Indian politicians are blaming their problems on gold, and they keep putting taxes and restrictions on gold imports. 

I expect I might get another chance to buy more gold in the next year or two, so I'm waiting. But I'm not selling what I have, and I expect gold to go well over $2,000 eventually.