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Message: Read this guys it is from a top guy in the world re: gold

Read this guys it is from a top guy in the world re: gold

posted on Mar 01, 2008 10:14AM

Good afternoon guys.

It was printed in the Times on Line 2-28-08. You can read the hole short article therat.

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Jim Rogers - who co-founded the now closed Quantum Fund with George Soros - told 750 global fund managers in Tokyo today that, America is “completely out of control”, there will be a 20-year bull market in commodities and that prices will be in turmoil.

And he also warned that it “made sense” if global competition for resources ended in armed conflict.

Mr Rogers told delegates to the CLSA investment forum that the prices of all agricultural products would “explode” in coming years and that the price of gold, which hit an all-time high of $964 an ounce yesterday, will continue its surge to as much as $3,500 an ounce.

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