Jim Rogers wouldn't buy Base metals right now
in an interview yesterday with CNBC Tv18 Jim Rogers was asked about base metals :
" What about the base metals, we have seen a lot of volatile moves across most of those base metals, where do you see them headed from here?"
he answered : "Base metals have had a huge rally, as you have pointed out. I know I wouldn’t be buying the base metals right now, I do own base metals — I am not selling base metals — but I don’t like to jump on a train, which is moving at a rapid rate. Base metals have gone up a whole lot in the last nine, 10 months. So I am not doing anything except for watching."
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