Rogers joins the video below at the 12-minute mark for an extended discussion.
He still thinks that gold is in a long-term bull market despite the recent huge collapse. He expects that gold will continue to fall more, but once it bottoms it is going to soar higher again over the long term.
While gold is now below the cost of production Rogers doesn't think that means an immediate bounce back because it is hard to shut down mines to reduce production.
He still thinks that gold is in a long-term bull market despite the recent huge collapse. He expects that gold will continue to fall more, but once it bottoms it is going to soar higher again over the long term.
While gold is now below the cost of production Rogers doesn't think that means an immediate bounce back because it is hard to shut down mines to reduce production.
