Jim Rogers : No, not in the least. I mean, no matter how many times I’ve shouted from the rooftops, nothing goes up 12 years in a row without a down year. Now in those 12 years, gold only had one correction of 30 percent. Most markets correct 30 or 40 percent every year or two. So the anomaly was how strong gold was for 12 years. It’s long overdue for a major correction, and let’s hope it is going to finally have one. And then we can set a new bottom and things can start over. - in wallstreetpit
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
