{"id":37209,"date":"2018-09-01T07:08:13","date_gmt":"2018-09-01T12:08:13","guid":{"rendered":"http:\/\/olduvai.ca\/?p=37209"},"modified":"2018-09-01T07:08:13","modified_gmt":"2018-09-01T12:08:13","slug":"jim-rogers-before-this-is-over-gold-might-turn-into-a-bubble","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=37209","title":{"rendered":"Jim Rogers: \u201cBefore This Is Over, Gold Might Turn Into A Bubble”"},"content":{"rendered":"
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Jim Rogers: \u201cBefore This Is Over, Gold Might Turn Into A Bubble”<\/a><\/h3>\n<\/header>\n
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\"Timeless<\/div>\n<\/div>\n<\/div>\n<\/div>\n

Famed investor Jim Rogers, chairman of Rogers Holdings, told Kitco News that while he is not yet buying gold at current levels, a rebound in the yellow metal could cause it to overheat. \u201cBefore this is over, gold could turn into a very overpriced asset, it might even turn into a bubble,\u201d he said. Rogers noted that while he holds physical gold, he would not buy more until prices drop below $1,000 an ounce. \u201cI\u2019m still waiting for $950 an ounce, or something like that,\u201d he said.<\/p>\n

\"Jim<\/a><\/p>\n

On U.S. equities, Rogers said that current valuations are overstretched, although stock prices could still climb higher on good news. He added that the next bear market could be \u201cthe worst in my lifetime,\u201d and that instead of U.S. stocks, he is looking at investing in Zimbabwe, an emerging market. \u201cI\u2019m buying Zimbabwe. Zimbabwe was ruined for 40 years by a crazy dictator. There\u2019s a new guy, he may be worse, he may be better, but he\u2019s certainly different, so you should think about Zimbabwe,\u201d he said.<\/p>\n

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Jim Rogers: “Before This Is Over, Gold Might Turn Into A Bubble”<\/strong><\/p>\n