Jim Roger Gold Is Going To Shake Out The Mystics

Gold: Downside Scenarios

“If it goes to $1,300, I hope I am smart enough to buy some. If it goes lower to $1,200, I hope to buy even more. If... that’s not a prediction.” - in Business Week

Gold Is Going To Shake Out The Mystics

"Gold was setting us up for some kind of correction. Gold needed a correction — it still needs a correction — and I hope this is the proper correction which gold needs. Then gold — somewhere along the way — will make a bottom and we can all join in the bull market as it goes higher and higher.

 Gold has to go a lot higher over the next decade or so, because the world’s central banks keep printing money.

Gold is going to shake out the mystics — there are still a lot of mystics in the market."