Friday 21 June 2013

Jim Rogers Blog: Long Bull Markets Always End In A Bubble Or Mania

Jim Rogers Blog
Investment Ideas, Video Interviews And Media Appearances - Unofficial Blog Of The Legendary Investor
Long Bull Markets Always End In A Bubble Or Mania
Jun 22nd 2013, 00:19

"Long bull markets always end in a bubble or mania before it's over with. And when there's a bubble in gold, I hope I'm smart enough to get out. We haven't seen a bubble yet. Until recently, if you went around any U.S. city, you would see signs outside many jewelry stores saying "We buy gold." And the American people line up to sell gold. Later there'll be signs there saying, "We sell gold," and people will be lining up to buy it in big ways. That hasn't happened yet." - in Guru Focus

Related stocks and ETFs: Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), Novagold (NG), SPDR Gold Trust (ETF) (NYSE:GLD)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron's, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

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