But, even as Rogers expects gold prices to be “explosive” once this crisis hits, he said he is still not accumulating the yellow metal.
“I’m not buying gold and have not bought gold. I own gold and have owned gold for years but I’m not buying or selling it at the moment.”
“If and when gold goes down a lot, or under $1,000, I hope I’m smart enough to buy more gold because in the end, gold is going to go up a lot because when people lose confidence in governments and paper money, they always put their money in gold and silver”
http://www.kitco.com/news/2017-07-28/Gold-Prices-Will-Be-Explosive-Just-Wait-and-See-Jim-Rogers.html