Monday, January 9, 2012

Bearish Gold, Bullish Euro

Jim Rogers : “In my view gold could go to $1.200-1,300 (an ounce). Gold has been up 11 years in a row which is extremely unusual in any financial asset, so gold is overdue for a correction.”
“I own the euro just because there are so many people bearish and so many shorts in the euro. I do suspect that the euro will survive, in one form or another.” he added - via Reuters

No comments:

Post a Comment