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Jim Rogers picks US$ over gold as investment haven

Investor's view is at odds with forecasts of gain of more than 7% for metal
Tuesday, June 28, 2016 - 05:50

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"Gold has been staggering this year, went straight up, and I don't like to buy anything that's run straight up," says Mr Rogers.

Singapore

WHILE analysts and traders from New York to London bet that gold will go higher, veteran investor Jim Rogers would rather seek haven in the US dollar as the UK's vote to leave the European Union (UK) roils global markets.

Prices of bullion are due for a drop and will

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