Salient to Investors:

Jim Rogers writes:

  • The primary reason for the correction in gold prices, other than it needed to, was because Indian politicians suddenly and outrageously blamed their problems on gold.
  • India is the largest importer of gold, so whenever the largest buyer of any commodity cuts back, there will be a correction, which could continue for a year or two. A 50% correction is common for commodities, implying gold at $900-1,000.

Read the full article at

Click here to receive free and immediate email alerts of the latest forecasts.