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Jim Rogers: Gold headed for short-covering rally

Posted on 23 January 2014

A short-covering rally is in store for gold after its 28 percent drop in 2013, says legendary investor Jim Rogers, chairman of Rogers Holdings.
Already, the precious metal has gained 4 percent this month, with the February Comex contract trading at $1,241 an ounce Wednesday morning. Investors sold gold last year as anticipation that the Federal Reserve would taper its quantitative easing quelled worries about inflation………………………………………..Full Article: Source


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