Jim Rogers: If The Gold Price Dips Below $1000, I'm Buying!

Didn't he say in an earlier video some 4 months ago that he would be buying below $1200 ?

I know you have the right to change your mind but I'm thinking he too is starting to come out with some questionable guidance? I'm mean sugar? really? go figure that one out.
 
smk762 said:
For a long term investment, I prefer something with a longer shelf life.
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If stored correctly, sugar doesn't decompose, and has an indefinite shelf life..... sort of like silver really.... :)
 
He's been into sugar as long as I've heard from him. He never gives a target because he's too humble, and "sub 1000" is more than "a 50% correction"
 
wrcmad said:
smk762 said:
For a long term investment, I prefer something with a longer shelf life.
Click to expand...

If stored correctly, sugar doesn't decompose, and has an indefinite shelf life..... sort of like silver really.... :)
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Good point, thanks for reminding me to invest in a vacuum sealer for the bunker. :P
 
wrcmad said:
If stored correctly, sugar doesn't decompose, and has an indefinite shelf life..... sort of like silver really.... :)
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So that's why the ants like stealing it.
 
willrocks said:
wrcmad said:
If stored correctly, sugar doesn't decompose, and has an indefinite shelf life..... sort of like silver really.... :)
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So that's why the ants like stealing it.
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White sugar is one of the very few things that mice and rats will not touch - in fact they prefer to eat cardboard, in preference to sugar. I suppose that it speaks volumes of it's nutritional content.
 
hihosilver said:
Didn't he say in an earlier video some 4 months ago that he would be buying below $1200 ?

I know you have the right to change your mind but I'm thinking he too is starting to come out with some questionable guidance? I'm mean sugar? really? go figure that one out.
Click to expand...

He said he bought a little gold at the time and said he would buy more if it went lower. JR has been consistent that a 50% correction of a commodity within a bull market is normal and has mentioned the $900-less than a thousand range every time. He mentioned below $1000 as the point where he would buy a lot more. JR has been consistently recommending sugar for the last few years too. Sugar is the only incorrect call he has made that I have seen. With sugar you have too many variables like the US Govt. subsidies and sweetener substitutions.
 
dccpa said:
hihosilver said:
Didn't he say in an earlier video some 4 months ago that he would be buying below $1200 ?

I know you have the right to change your mind but I'm thinking he too is starting to come out with some questionable guidance? I'm mean sugar? really? go figure that one out.
Click to expand...

He said he bought a little gold at the time and said he would buy more if it went lower. JR has been consistent that a 50% correction of a commodity within a bull market is normal and has mentioned the $900-less than a thousand range every time. He mentioned below $1000 as the point where he would buy a lot more. JR has been consistently recommending sugar for the last few years too. Sugar is the only incorrect call he has made that I have seen. With sugar you have too many variables like the US Govt. subsidies and sweetener substitutions.
Click to expand...

I read somewhere that coffee beans could be in a drought so who ever can buy coffee futures maybe that's a goer too ? :P
 
hihosilver said:
dccpa said:
hihosilver said:
Didn't he say in an earlier video some 4 months ago that he would be buying below $1200 ?

I know you have the right to change your mind but I'm thinking he too is starting to come out with some questionable guidance? I'm mean sugar? really? go figure that one out.
Click to expand...

He said he bought a little gold at the time and said he would buy more if it went lower. JR has been consistent that a 50% correction of a commodity within a bull market is normal and has mentioned the $900-less than a thousand range every time. He mentioned below $1000 as the point where he would buy a lot more. JR has been consistently recommending sugar for the last few years too. Sugar is the only incorrect call he has made that I have seen. With sugar you have too many variables like the US Govt. subsidies and sweetener substitutions.
Click to expand...

I read somewhere that coffee beans could be in a drought so who ever can buy coffee futures maybe that's a goer too ? :P
Click to expand...


all you need is a cow shortage and Gloria Jeans & Starbucks would be either up the creek or making a mother load $$$ :lol:
 
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