JIM ROGERS: Right Now, I'd Rather Buy Silver Than Gold

WHOLESALE LONDON gold tumbled more than $20 per ounce in quiet trade Thursday morning, falling with world stock markets after the week's "three-day rally [in gold] prompted some profit-taking" according to one dealing desk.

"The fact that India," said investor, fund manager and best-selling author Jim Rogers to BullionVault  overnight, "which has been the largest buyer, has reduced its buying a lot is one of the main factors that's causing gold prices to go down."

Read more: BusinessInsider.com, 12 December 2013