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Jim Rogers: Gold ‘Overdue’ for Drop After Rally, Rice Will Gain

January 14, 2011 – Comments (1)

Gold is “overdue for a rest” and probably will fall after a decade of gains that sent prices to a record, said Jim Rogers, the chairman of Rogers Holdings who predicted the start of the global commodities rally in 1999.

“I’d rather own rice,” Rogers said. “I’d rather own something that’s more depressed than gold.”

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