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March 9, 2010 – Gold investment expert Jim Rogers is on record as stating that gold prices will reach at least $2,000 within the next decade. Now based in Singapore, the investors and financial commentator is best known as the co-founder of the international investment fund, Quantum Fund with George Soros in the 1970s. He is a college professor, author, economic commentator and creator of the Rogers International Commodities Index.

Directly contradicting his former business partner Soros, Rogers dismisses the idea of a “gold bubble” at its current price level. In December, he sparred with NYU Professor Nouriel Roubini about the theory, with Roubini labeling the gold investment price claim as “utter nonsense,” while Rogers says, “I happen to own gold expecting it to go that high.”

Citing the continued economic problems in Greece and other countries that are deeply in debt, Rogers believes that bailouts are creating the possibility of hyperinflation because “governments are printing so much money.” He states that he is invested in commodities such as gold, silver, copper and others; a strategy that he claims has been profitable for him since 1999.

As the United States struggles with its economy and debt, Rogers sees gold investment becoming the new international currency. "Is it going to happen? Yes," Rogers says. "I don't like saying it [and] I'm extremely worried about it but we have to deal with the facts. America is not getting better [and] the dollar is going to be replaced just like pound sterling.

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Stewart Lawson

Senior Staff Writer - Gold-Investment.info