Legendary investor and Chairman of Rogers Holdings Jim Rogers tells Silver Doctors gold could fall below $1,000…
Jim Rogers interviewed by Silver Doctors
The petro-Yuan was rolled out Monday with the release of Yuan-denominated oil future contracts. Rogers says Yuan is second largest holding in currencies.
Roger’s sees financial turmoil ahead. He makes the case that during financial turmoil, people at first sell everything, including gold. He predicts that before gold rises significantly to the upside, it will fall below $1,000. At that point, he says he will increase his gold holdings. His reveals his favorite way gold investment vehicles.
The Chinese stock market looks more attractive to Rogers than the U.S. stock market, since the U.S. is near all time highs.
About the Interviewers
James Anderson has a BA in finance from Loyola University New Orleans. He has both worked and invested in the physical investment grade bullion markets prior to the 2008 global financial crisis.