Jim Rogers: Gold to zoom $2000, crude $150-200
2009-10-09
NEW YORK (Commodity Online): When the commodity guru speaks, naturally the world listens.
No wonder he continues to be the most quoted person on equities
and commodities while his books continue to awe the readers
with his charm, wit and oberservation on markets and investing.
Here are his recent takes on major commodities:
Commodities: the boom is not yet over, bull market has several years to go.
Gold: No bullish view as fundamentals not supportive.
But the precious metal will top $2000 in a decade.
Gold will surpass its inflation-adjusted all-time high
of more than $2,300 an ounce, Rogers said, according
to Bloomberg report.
He said that the timing will depend on many factors,
including global politics
Crude oil: Could touch $150 to $200 as known reserves decline
and crude oil will run out in 15-20 years, "
Unless something happens"
nice trading today!!!!:) we are taking off...
Vero