10 Feb 2010

Jim Rogers Believes Gold Would Reach US$2,000 per ounce by 2020

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Responding to a recent spat between legendary investor Jim Rogers and economist Nouriel Roubini, Jim told Yale ReiSoleil of IPO UK Limited in a personal email today: ‘I specifically said gold would get to US$2,000 per ounce by November 2019. He (Roubini) said that was “utter nonsense.” Mark your calendar for November 2019 and we will see.’ We will, Jim!

IPO UK advises its clients to never bet against Rogers based on his phenomenal investment track record.

For more information about Jim Rogers and his insight on world economy and commodities, please read his new book ‘Hot Commodity,’ available at www.jimrogers.com.

4 Responses to “Jim Rogers Believes Gold Would Reach US$2,000 per ounce by 2020”

  1. Anthony Delgado says:

    Is Jim Rogers correct in his prognostication for Gold rising to $2000 an once in 2019? I mean what does Mr. Rogers base this prediction on? Is it based on todays eonomy in America, economy in China or economy of the world at large?

    How does Mr. Rogers feel about China’s economy growing and when will it level out to benefit surrounding countries?

    Does Mr. Rogers have any predictions regarding Silver, Iron Ore, Magnesium and other important/precious metals?

    I invest in Nevada real estate, should I consider investments in Chinese real estate also and if yes, why?

  2. Mingo says:

    中国国内有众多有色金属、贵金属的供应商(包括选矿厂、冶炼厂、加工厂)均认为黄金作为国际货币避险产品,我非常认同罗杰斯先生的看法,同时相信在2019年中间会因为全球经济不均衡的发展及整体经济的复苏的国际大环境的影响,黄金价格偶尔出现超过2000美金/盎司的市场情况。
    另外,有个问题有机会想请教罗杰斯,关于钨、钼、铋等国际战略金属是否能象贵金属(金、音、钯、铂、铑)那样强劲升值吗?不管怎样,我作为一个有色金属回收经营企业主,我认为战略金属的行情将在2010年开始将开始出现强劲升幅(目前钨精粉惜售明显)。

  3. Yale ReiSoleil says:

    Hi Tony and Mingo,

    Jim Rogers’ reply to the questions:

    “My views on those questions have not changed from my books. Apparently there are more of my views on YouTube, etc confirming and explaining my views.“

    http://www.youtube.com/results?search_query=jim+rogers+gold&search_type=&aq=7&oq=jim+rogers

  4. Fredericka Balak (Nouriel Roubini Interviews) says:

    Dr Doom is calling for another crash of 20% in the market with similar things afoot for the emerging market sector. We’ve assembled some recent interviews of Nouriel at nourielroubini.financialanalystwatch.com please take a look if you’re interested.

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