Wednesday, April 14, 2010

Jim Rogers Calls $2,000 Gold, and Shares His Latest Thoughts on Commodities

Here's the latest Jim Rogers interview on Bloomberg:

A short bit with another clueless interview, so there's not too much new:
  • Still likes commodities for another 5-10 years (based on the secular bull market beginning in 1999)
  • Thinks gold will top $2,000 by the end of the decade, thanks to money printing
Jim notoriously sandbags his own trading acumen - always insisting he's "no good" at calling price/timing specifics - yet those who follow him closely know he's often pretty accurate with these calls as well!

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