Commodities investor Jim Rogers tells The Daily Ticker that gold, having lost its luster as a safe haven, could drop to $900 or $1,000 in the next 1-2 years. Longer term, he has a very different forecast. Gold will soar to “well beyond $1,900 an ounce,” topping its record $1,920 high reached in September 2011, says Rogers, author of Street Smarts: Adventures on the Road and in the Markets. The reason: “massive currency debasement” around the world. “Every major central bank in the world is printing a lot of money plus war, chaos, riots in the street, governments failing,” says Rogers.

Despite that forecast, Rogers warns investments not to consider gold – or any other investment — safe. “I would never use the word ‘safe’ when I’m speaking about investing.”

 

 

 

 

Summary:

 

So.......

 

Gold, next 1-2 years.      down to $900-$1000 .      ????    BIG Rally last couple days!!

 

then, after 1-2 years?    Back up/over all time high of $1920...  

Why?  Massive government printing of money and Currency values (around the world) fall apart.

 

 

I agree with: "Never use the word SAFE for gold, or ANY investment!" 

 

As with ANY future price prediction...we shall see.

 

YFIC,

RAndy