Tuesday, May 7, 2013

Jim Rogers: Gold bottoms when .........


If Gold gets to $1,200, I hope that I'm smart enough to buy even more. If it gets to $1,100, I hope I'm smart enough to buy even more. Speak to the chartists ... the technicians ... and look at the retracements, or whatever they call them. A 50% retracement is not unusual. A 60% retracement is not unusual. You can do the same math that I can. You can figure out what a 40%, 50% or 60% retracement would mean for someone."

Jim Rogers

Warren Buffett

Nouriel Roubini