He said he hoped that the Chinese market collapses so he can buy (more) Chinese shares and sees a global slowdown within 1 or 2 years. He also said the would buy more and more Gold as the price falls. He would buy Gold very aggressively would it fall to the 1200-1300 USD range. He's also short US treasuries even if he admits it has not worked so well to date.
Friday, March 23, 2012
Jim Rogers: Buy Chinese Shares & Gold on Pullbacks
He said he hoped that the Chinese market collapses so he can buy (more) Chinese shares and sees a global slowdown within 1 or 2 years. He also said the would buy more and more Gold as the price falls. He would buy Gold very aggressively would it fall to the 1200-1300 USD range. He's also short US treasuries even if he admits it has not worked so well to date.
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