Jim Rogers : Gold will be much, much, much higher over the next decade

Jim Rogers : I've actually owned gold for longer than 11 years. I'm not buying now. Gold went up 11 years in a row, which is extremely unusual for any asset. I don't know of any asset in history that's gone up 11 years in a row without a correction. Corrections are normal and are the way things should work, the way things do work. Having said that, I don't know when the correction will stop. It's normal in my experience for corrections to go down 30 or 40%. It's just the way markets work. Gold has not gone down that much. It's only gone down that much once in the past 11 years, and even then it ended the year up. I'm not buying gold at the moment. If it goes down a lot, I hope I'm smart enough to buy a lot more. I'm certainly not selling my gold, because I suspect gold will be much, much, much higher over the next decade. - in Oil Price

Peter Schiff : Gold going up in 2012 and Going Higher in 2013

 Goldinvestingnews : Where do you think gold prices will go this year?


Peter Schiff : I think they are going to go higher. Whenever it breaks out, it’s overdue, whether it’s this year or next year. Look at what has happened recently in agriculture prices. Look at soybeans, they have just taken off. There’s normally a pretty good correlation between soybeans and precious metals. And it’s not just soybeans, also wheat and corn. So I think it is going up and will go higher in 2013. - in Goldinvestingnews

Silver Prices Set to Explode to the Upside

The Silver Prices Set to Explode to the Upside says Jeb Handwerger , mainly due to disruption in production sites in Bolivia Peru Mexico and Argentina , shortage of supplies , silver to be viewed more as a safe heaven as the US Dollar is nearing its top with the bad news coming from the job market in the US and the probability of the FED having to implement a QE3 , all is highly bullish for precious metals and especially silver , the last time the FED did QE2 silver prices soared from $18 to almost $50 an ounce