Jim Rogers Gold price prediction

Jim Rogers expects it to be over a couple thousand dollars an ounce sometime in the next decade.

Jim Rogers on what is driving the price of gold

• Demand from Central Banks, central banks which were selling gold a few years ago are now buying.
• The US Fiscal & Monetary Deficit – Throughout history, printing money has led to weaker currencies and higher prices for real assets.
• The Herd Mentality – Everyone is bullish about Gold and this is enough reason to drive prices up.

Read the whole Jim Rogers interview at this businessweek article.