Billionaire Jim Rogers is Buying Gold Like Mad

``Mr. Rogers recently stated that he would buy at $1,600 per ounce and further increase his holdings when the price drops to $1,500 per ounce. He said that the price will climb much higher in the next ten years but did not elaborate. In November 2011, he said the price would "easily" increase to $2,000 per ounce and would reach $2,400 per ounce during its bull run, "which has years to run."''