Gold: Not Buying Right Now

I am not buying gold at the moment. I am waiting for another opportunity to buy gold, it may not happen, it certainly may not happen. But I own plenty of gold. I am looking for a new opportunity, let`s say the central bankers save us for a while, that the markets go up  for a while, often gold will go down in a scenario like that. That would be an opportunity to buy gold. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX))

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

The Crisis That We Are Going To Face

Crisis that come from Governments or Central Banks trying to cool things off are one thing but a crisis that the market imposes on the world, those are the really, really nasty ones. And that is what we are going to face as these guys have got us into a situation where there is no escape other than panic and problems. (SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 ETF Trust (SPY) )

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.