Legendary investor Jim Rogers Chairman of Rogers Holding was asked "where would gold be a year from now ?" in a Thomson Reuters Q&A session , his answer was : "I don't have a clue , I do have a clue that Gold will certainly go over $2000/oz , Gold's all time high adjusted for inflation would be well over $2000 , it will go there , I mean you can dream I have no idea , if the dollar does collapse in the next ten years which I expect , you pick your number when you have declining currencies and things are denominated in US Dollars who knows what the prices will be , they will be unbelievably high they gonna be much higher than even I believe , the numbers are gonna be staggering , it is always that way in a bull market , if you and I had sat here in 1980 to 1992 and we talked about what the prices will be five ten years later nobody would have believed this or even - in Thomson Reuters Q&A interview
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
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