Jim Rogers 2013 Gold Silver Bull Market Review & 2014-2015 Price Prediction

Demand for physical gold has been robust. U.S. Mint gold coin sales, a reflection of retail investors' demand, stands at 167,500 ounces so far this month. That compares to just 20,000 ounces in April a year ago.

A ravenous appetite for the yellow metal has gone global. Asia, Australia, China and India all report a frenzied rush for gold jewelry and bars from individual investors for gold jewelry. This hearty retail demand provided a cushion for the yellow metal.

Gold has been a foundation asset for centuries, chiefly during times of financial stress. Investors race to the yellow metal in a flight to quality, as a means to protect wealth, a hedge against inflation and as an insurance against extreme movements in other asset classes.

So where does Rogers stand on investing in gold in 2013?

He said this kind of price pull back isn't unusual - in fact, it's a good thing for gold.

That's why Rogers remains committed to gold. Noting an astonishing 12 consecutive years of gains, Rogers said gold was due for a correction.

And Rogers believes gold is destined to go higher over the next decade or so thanks to the global monetary printing presses that continue to spew out dollars at an unprecedented rate.

As for those investing in gold in 2013, he said he's keeping his eye on the yellow metal for a good entry point. There are many ways to invest that could do well this year - as long as investors do their homework.