Jim Rogers: ‘Before this is over, gold might turn into a bubble’

Sharing is Caring!

From Kitco:

Famed investor Jim Rogers, chairman of Rogers Holdings, told Kitco News that while he is not yet buying gold at current levels, a rebound in the yellow metal could cause it to overheat.

“Before this is over, gold could turn into a very overpriced asset, it might even turn into a bubble,” he said.

Rogers noted that while he holds physical gold, he would not buy more until prices drop below $1,000 an ounce.

“I’m still waiting for $950 an ounce, or something like that,” he said.

See also  Asset Prices Will Fall For Years? Commodities (Gold & Energy) Are The Anti-Bubble?

Continue reading at Kitco…

Help Support Independent Media, Please Donate or Subscribe:
Trending:
See also  There is something going on in China, and it's so huge that even the CCP with all the might of the totalitarian system at its disposal cannot cover it up

Views: 0

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.