Jim Rogers Predicts Gold ‘Will Go Much, Much Higher’

I just got done reading an insightful article on the London branch website of U.S.-based investment research firm Morningstar. Legendary investor Jim Rogers was being interviewed by Morningstar’s Chris Menon concerning his thoughts about investing in gold. Here is an excerpt from their exchange:

MENON: Over what time horizon should investors expect to make money by investing now?
ROGERS: Certainly, over the course of ten years gold will go much, much higher because I don’t see any possibility that governments are going to stop printing money in the next decade. And as long as that’s going to happen then gold is certainly going to go higher and probably much higher.

The former investing partner of George Soros also shared his views on purported gold manipulation, whether or not gold’s recent plummet in price is a buying opportunity, and the various vehicles for investing in the precious metal.

As for Rogers himself? He tells Menon he likes coins (something I’ve blogged about before)

You can read the entire interview on the Morningstar (UK) site here.

By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)

(Editor’s notes: Info added to “Crash Prophets” page; I am not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented herein.)

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