1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Canadian Value
Canadian Value
Articles (4603) 

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

August 01, 2013 | About:

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
http://valueinvestorcanada.blogspot.com/

Rating: 3.0/5 (2 votes)

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


pbarker46Shiller PE < 7
DANGORDON5-4-16
DANGORDONCLEAN ROE
DANGORDONROE
rael2222tripla A/1
rolandtianLarge Buy screen
MasonQDTGolden Few, low cap
Ahmadou.DiarraContinu
cpetrouPetain Mini Buffet
Ahmadou.DiarraBest Of Allstar 2

Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
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)
FEEDBACK