This Jim Rogers 2015 gold prediction includes Jim’s forecast for silver and the US dollar. Jim explains how he owns gold and is waiting for a full 50% correction before adding to his position. In the interview seen below, Jim Rogers explained how he is not currently buying gold and is instead waiting on the sidelines as the price continues to correct.
The clips in the video are excerpts from interviews with Jim Rogers by the Economic Times of India and USA Today.
Jim Rogers says that 50% corrections in any market should be expected and since gold went up for 12 years in a row, seeing a correction below $1,000 would signal a great opportunity to buy. Even though Jim is not currently buying gold, he did note that if he had to buy one or the other, he would choose silver since it has corrected further from it’s all-time high.
Jim’s stance on seeing lower metals prices in the next couple years can be attributed to his forecast for the US dollar. Jim explains how he sees economic turmoil arising over the next few years, so since the US dollar is currently being viewed as the safe-haven currency, it will continue to strengthen in the short term.
What are your predictions for 2015 for gold, silver and the USD?
The post Jim Rogers 2015 Gold, Silver, USD Predictions: Gold Correction & USD Rally appeared first on Daily Gold & Silver Updates.
