Jim Rogers Gold

Jimmy Rogers has been consistently bullish on Gold. In late 2013 he said "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."

Then earlier this year 2014, Jim Rogers said "We are going to have a rally, though not too much of the rally. I am not going to either buy or sell that rally, but there will certainly be a rally. Later in the year, things will go down again and hopefully finally, we will make a nice bottom and we can buy gold again."

In summary, Jim expects Gold to rally in the short term and then decline again later this year 2014 in which he is hoping to add to his precious metal positions.