Watch the video:Jim Rogers: On Conflict in Syria, Gold and Market Panic
Jim Rogers is stepping in with his view on the recent geopolitical developments. With Gold in the Bull Market territory now any further war escalation will lead to the parabolic rise in the gold price.
"Now we have the full A Team calling for the New Bull Leg in Gold. Summer doll drums time out is officially over. Gold was over 1400 intraday and Silver is over 24 now. Junior miners are exploding to the upside with McEwen Mining pushing 3 dollar mark. Survived Juniors will show this Fall what is called the ten baggers again."
"The whole picture has been set up for the major move in Gold and Silver now. McEwen Mining will enjoy its high leverage to the Gold, Silver and Copper price. Rob McEwen is on the road telling his story and delivering results.
Shorts are busy now covering their 27 million shares Short Position in McEwen Mining as of August 15th, 2013 and it will provide the fuel for the upside breakout."