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Jim Rogers: Time to exit gold and silver?
“I hope that silver goes down for a while because it was turning into a parabolic move. Every parabolic move ends badly. I hope that silver and all commodities continue to go up with normal corrections along the way and in 5 or 10 years they’re going to be unbelievably high prices and then I hope I’m smart enough to sell if the bull market is coming to an end,” Jim Rogers, CEO of Rogers Holdings told CNBC in a discussion on commodities. He added: “If anything turns into a parabolic move, you have to sell.” Source: CNBC, May 5, 2011. More on this topic (What's this?) 8 Charts that Illustrate the Necessity of Owning Gold & Silver (the Underground Investor, 8/24/15) Has Gold & Silver Finally Bottomed? (the Underground Investor, 8/20/15) ChartsEdge 9/7/15 week forecast for equities (CHARTLINES (tm), 9/7/15) 1 comment to Jim Rogers: Time to exit gold and silver?Leave a Reply |
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By Prieur du Plessis, on May 8th, 2011 posted in: 
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while i sold silver at local high, QE3,4,5 ensures rogers is right.