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Jim Rogers likes crude oil better than gold right now...
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Monday, April 13, 2009
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By Daily Crux Editor Brian Hunt:

This article is oil-focused.... And mostly general commentary on the supply/demand situation for crude.

But about half way down, Bloomberg manages to insert a Jim Rogers quote... one that our readers will be interested in. The legendary speculator believes oil is a better bet than gold right now because of the International Monetary Fund.

Rogers tells Bloomberg: "The IMF is trying to sell its gold... The IMF is one of the largest holders of gold so you've got this huge supply overhang."

Read full article...

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Topics: Jim Rogers | Energy | Commodities
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