Jim Roger __ Long Bull Markets Always End In A Bubble Or Mania
Long Bull Markets Always End In A Bubble Or Mania
"Long bull markets always end in a bubble or mania before it’s over
with. And when there's a bubble in gold, I hope I'm smart enough to get
out. We haven't seen a bubble yet. Until recently, if you went around
any U.S. city, you would see signs outside many jewelry stores saying
“We buy gold.” And the American people line up to sell gold. Later
there’ll be signs there saying, “We sell gold,” and people will be
lining up to buy it in big ways. That hasn’t happened yet." - in Guru Focus
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