09.01.2015 - Jim Rogers Gold Price 50% Correction Low During 2015
Jim Rogers Gold outlook for 2015 according to a recent youtube video is for the gold price to halve from its all time high during 2015, which implies a drop from its April 2011 high of $1923 to $960 as the following extract illustrates - "We have a lot of people who bought gold in the last 14 years. Gold has not had a proper correction for a long long time and in my view until there is a proper correction Gold cannot make a bottom and start over." "Gold has not been down 50% in many years and that is not normal, most things go down 50% every 3 or 4 years, it's just the way markets work." "If Gold were to go down 50% that would be $960"...............................................Full Article: Source
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