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Even gold bull Jim Rogers is turning cautious

Posted on 21 December 2012

With gold prices being hammered in recent weeks, and trading near four-month lows on Wednesday, longtime gold bull Jim Rogers is sounding a word of caution, saying it’s possible the correction in bullion may continue into the new year.
“Just be careful, there’re too many bulls, including me, but I’m very cautious,” Rogers told CNBC. “Gold is having a correction- it’s been correcting for 15-16 months now- which is normal in my view, and it’s possible that [the] correction is going to continue for a while longer.”……………………………………….Full Article: Source


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VRS - who has written 36568 posts on Opalesque Commodities Briefing.


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