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Gold heading to $2000 as predicted by Jim Rogers?
Commodity
Online
Tuesday, Nov 10th, 2009
Is the gold boom coming on your way as Jim Rogers
predicted? Last month, legendary commodities investor Jim Rogers
predicted that gold prices will surge to a record $2000 per
ounce, thanks to the plunging US dollar.
On Monday, gold soared to an all-time high of $1110 per ounce
in global markets. Is Jim Rogers laughing all the way to bank,
if he has invested in gold cheap some months or years back?
Or is he laughing at Nouriel Roubini who has countered last
week that Jim Rogers' prediction of gold at $2000 per ounce
was simply 'nonsense.'?
Here is an interesting article on the 'fight' between two legendary
personalities: Jim Rogers and Nouriel Roubini from moneynews.com
Investor Jim Rogers successfully predicted a rally in commodities
back in 1999. New York University economist Nouriel Roubini
predicted the collapse of the housing market and financial meltdown
back in 2006.
Now the two gurus are predicting each other to be incorrect.
Rogers says Roubini's forecasts for bubbles to pop in the gold
and emerging-market stock markets is just wrong. “What
bubble?” says Rogers, Bloomberg reported. “It’s
clear Mr. Roubini hasn’t done his homework, yet again.”
Full
article here
"When the people find they can vote themselves
money, that will herald the end of the republic."
- Fall Of The Republic - Buy
the DVD here
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INFOWARS:
BECAUSE THERE'S A WAR ON FOR YOUR MIND
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