Thursday, December 1, 2011

Jim Rogers Sees Gold Correction

The price of gold has been rising for 11 years in a row and the precious metal is due for a correction...

I've always advocated that investors hold at least 5-10% of their portfolios in physical precious metals. With major Western nations now defaulting on their debts, more and more investors have decided it's time to take my advice and own an asset that doesn't depend on the solvency of an ETF, bank, or government.

Unfortunately, with all these news buyers in the gold market, there is ample opportunity for dishonest firms with big advertising budgets and celebrity endorsements to make a quick buck.-Gold Buyers Guide: How to Avoid Getting Ripped Off

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