Jim Rogers : “I expect gold to go much higher over the next decade, but it will not and cannot, until it starts having corrections,” as he noted that he is not convinced that gold has found its bottom just yet.
When asked what he thinks the eventual price level for gold will be, he stated, “Who knows how high gold will go, as long as we have mad men running the central bank.” - in minyanville
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%.
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