Monday, July 28, 2014

Jim Rogers praises China for opening up Gold to public

What China has been doing with gold is terrific. Ten years ago it was hard to buy gold in China and 30 years ago, you couldn't buy gold in China. 

I own gold and I hope everybody buys gold and it goes much higher. It will, eventually. I don't know whether China's central bank should buy gold at this moment. I haven't sold any gold. If it goes down a lot, I will be buying more. 


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.