Jim Rogers : Gold a protection against inflation

Jim Rogers : “Some of the factors that determine the demand for gold are slightly different than the factors that determine the demand for steel. But basically, if you have shortages of something, supplies are going down. You can have a bull market even if demand goes down. But if you have demand going up and supply going down, you’re going to have a huge, wonderful bull market. “Gold is being seen as a protection against inflation, against money printing, against debasement of currencies. The supply of gold hasn’t increased very much. Many goldmines are old and running out. So you have problems on both the supply and demand side.” - in The Money Man