Tuesday, August 31, 2010

I can hardly call something a bubble when very few people own it

Agreed!

Headline: US Must Stop Printing Money, Copy Europe: Rogers

He disagrees that that there's a bubble brewing in the gold market right now, although he doesn't rule that out in the future.

"I expect there to be hysteria in the precious metals markets in 5 to 10 years. Right now, very few people own gold, and I can hardly call something a bubble when very few people own it," he said.

Source: cnbc.com

0 comments:

Post a Comment