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Jim Rogers: If Gold Goes Down, I am a Buyer
Written by seekinGold Tuesday, 09 August 2011 02:11
Jim Rogers likes to keep his investment in commodities, gold and silver. He believes U.S. has serious problems and debt issue is not going anywhere as U.S. is not addressing it. There is no happy ending to this.
America will default, they may not call it a default but they will inflate the currency away. He is short India and long China and gold and if the yellow metal goes down, he is a buyer. Don’t sell your gold until in 10 years or so when the bubble bursts, says Rogers in the video below. He forecasts gold will go above $2000 an ounce.
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