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10-14-2009, 03:28 PM #1
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Rogers: Gold to $2,300, Oil to $200
Rogers: Gold to $2,300, Oil to $200
Wednesday, October 14, 2009 12:09 PM
By: Forrest Jones
Demand for commodities will outstrip supply during the next two decades and will fuel a rally for raw materials, says investment guru Jim Rogers.
Gold could hit $2,300 an ounce, which would allow the precious metal to break a record when adjusted for inflation.
Oil could hit somewhere between $150 and $200 a barrel.
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