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Commodity guru Jim Rogers is still bullish on gold - Should you be, too?

Posted on 14 November 2012

According to legendary investor Jim Rogers, the precious metals crowd has nothing to worry about now that Obama has been reelected. The billionaire co-founder of the Quantum fund with George Soros is telling the market to expect more of what we’ve seen in the past four years. The loose monetary policy , further quantitative easing and weak dollar will support the upward trend in gold and silver, according to Rogers.
“Investors should prepare for rising prices and more expansionary monetary policy now that President Barack Obama has won reelection. “If Obama wins, it’s going to be more inflation , more money printing, more debt, more spending,” Rogers recently told CNBC. The investor also said he plans to sell federal debt and purchase more gold and silver………………………………………..Full Article: Source


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VRS - who has written 37739 posts on Opalesque Commodities Briefing.


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