Wednesday, February 26, 2014

India elections could help Gold Prices higher

There's an election coming, so Indian politicians will do everything they can to pander to the voters. One of those things may be to try to remove some of the restrictions on Gold. I wouldn't be too optimistic for it to last, depending on who will win. After the elections, the Indian problems are not going away, the Indian problems are their balance of payments etc etc. 

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.