Jim Rogers Says Possible Gold Correction and Is Long Dollar

Posted by on Nov 29, 2011 in Gold | Comments Off

Jim Rogers, author of the book, Hot Commodities, came out today with a statement that gold is “due for a correction” and that he is long the U.S. dollar. This comment comes on the heels of what he said in September; “Gold price correction will last for several months.” Gold and Silver Correction I thought it might be appropriate to quote from Rogers book Hot Commodities...

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I’m Calling a Top On Gold and Silver Trades

Posted by on Sep 29, 2010 in Gold | 0 comments

Gold reached a high today of $1314.10 and is presently has an ask price of $1310.40. The HUI is at 512.56, down $1.00. Below is the data as of the writing of this article. Everyone who is a gold bug is screaming “Gold on FIRE!” like a recent email I received from Weiss Research, Inc. Or if you follow Lew Rockwell’s site, you see almost every other week an article promoting Jim...

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Gold and Silver: Jim Rogers Does NOT Win Over Peter Schiff

Posted by on Dec 3, 2009 in Gold | 2 comments

Today, LewRockwell.com posted an article entitled “Gold and Silver: Jim Rogers Wins Over Peter Schiff” written by Dr. Jeffrey Lewis.  The original article appeared on Commodities Online. I wrote a reply to Dr. Lewis’ article but so far it hasn’t been posted, so I thought I would post the reply here. Dr. Jeffrey Lewis Is Mistaken; Rogers Doesn’t Win Over Schiff I...

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The Problem With Elliott Wave Theory Proved Right Again, 8 Days Later

Posted by on Nov 16, 2009 in Gold | 1 comment

Expect the unexpected. When investing, it is difficult to plan for the unexpected. But as an investor, one must always keep in mind that the unexpected can occur. Case in point, the most recent positive news for gold coming out of Vietnam. When Elliott Wave Theorists draw their lines and make calls today based on similar patterns from decades ago, in their desire to predict what will occur next,...

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Gold and the Carry Trade: Rogers vs. Roubini, Who’s Right?

Posted by on Nov 6, 2009 in Gold | 0 comments

Recently there has been a war of words between two very well respected financial forecasters, Jim Rogers and Nouriel Roubini.  Roubini said that Jim Rogers call of gold going to $2,000 as being “utter nonsense.” Jim Rogers is known for his book “Hot Commodities” and has called the commodities bull market pretty well except for a decline in prices last year.  He tells...

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