Last Updated :
06 March 2008 at 09:25 IST
Why Jim Rogers is investing in Gold coins
By Jon Nones
Reuters reports: Jim Rogers buys commodities through exchange traded funds but invests in gold in the form of gold coins. Rogers is on record as saying he owns gold as financial insurance.
Rogers, co-founder of the now closed Quantum Fund with George Soros, recently told 750 global fund managers in Tokyo that there will be a 20-year bull market in commodities. He said the price of gold will continue its surge to as much as $3,500 an ounce.
By Arrangement with www.resourceinvestor.com
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