Jim Rogers Blog: Market Corrections: That’s Just The Way Markets Work

Jim Rogers Blog Investment Ideas, Video Interviews And Media Appearances - A Tracking Blog About The Legendary Investor - Unofficial Blog

Market Corrections: That's Just The Way Markets Work Apr 25th 2013, 23:36 "Gold was up 12 years in a row, which is extremely unusual. I don't know of any asset that's gone up 12 years in a row without a down year. Equally important is the fact that gold has one correction of 30 percent - as much as 30 percent in 12 years. Now that's very strange. Most assets correct 30 percent every year or two. That's just the way markets work. The peculiar action in gold has been the 12 years without that correction. So it was certainly setting us all up for some kind of correction." - in Money Australia  Related ETFs: 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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