Mainman, For the past 7 yrs after Gold put in the last high, Rogers has been sticking to his prediction, he expects Gold to retest the low around $960.00 on the chart before it can move higher. At which time he would be a buyer.

The 2nd thing Rogers said was with all the world debt accumulation, he expects a huge correction in the financial markets that would destroy all the economies, which would cause a huge bubble in the dollar, as investors flee to the strongest currency. After the panic  passes and the dollar bubble finally burst, at that time, he would be a buyer of Gold.

With the market correction hitting all the markets now, it will be interesting to see if this is the meltdown all the experts have been talking about. If this turns out to be the major credit/debt financial meltdown, I'll be watching the dollar to see if Roger's forecast becomes reality.

The only reason I'm giving Jim Rogers any credit, is because up til now, the past 7 yrs,  PMs has not been able to move higher on the charts to set new highs like all the Gold bug experts have been predicting for many years now. So far it appears that Rogers is correct with his call ???

I hope Rogers is wrong, and Gold skyrockets when the financial markets meltdown.