GuruFocus Premium Membership

Serving Intelligent Investors Since 2004

Try It 100% FREE for 7 Days!

Free 7-day Trial
All Articles and Columns »

Jim Rogers - I Own Gold and I'm Not Selling

August 01, 2013 | About:
Canadian Value

Canadian Value

After rising for 12 consecutive years gold is going to have a down year in 2013.

One down year and all kinds of investors are fleeing the "safe haven" commodity/currency.

What confuses me about the gold decline is that all of the forces that should push gold higher (easy money policy) have only gotten stronger in 2013. If anything, the investment case for gold is better than it was a year ago.

Jim Rogers spoke to Fox Business news about gold. He owns gold and says he is not selling.

Rogers says the currency debasement that is going on around the world is unprecedented and that it has to end badly. That is why he is sticking with his gold.

About the author:

Canadian Value

Rating: 3.0/5 (2 votes)


Please leave your comment:

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)