Tuesday, January 3, 2012

It would not surprise me if Gold went down to $1,300, $1,200

Jim Rogers : ...Melissa, I'm a terrible market timer. I'm a terrible trader, so you should watch your show or cnbc to get good prices. it would not surprise me if gold went down to $1,300, $1,200. if it goes that low, i will buy a lot more. i'm not selling any of my gold or silver but I'm not a good market timer. I'm just saying that gold has been up 11 years in a row. it deserves a substantial correction. substantial corrections are not unusual in bull markets. if it goes that low, i will buy a lot more. - in CNBC

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