Gold has been around for thousands of years, so it has gone through many periods of bull and bear markets. Many people think of gold as a currency, but it is just another investment.
For me, gold has not had enough corrections yet. There are still too many gold bugs.
When people say, I never want to invest in gold again, that is when I want to invest in it. This is true of many things. When everybody is throwing it out the window, that is usually a good time to buy anything including gold. So far, there are too many people that love gold.
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.
