Investment guru Mr Jim Rogers is positive about gold and silver and commodities
Investment guru Mr Jim Rogers is positive about gold, silver and commodities
In the interview with The Pragmatic Capitalist, Jim Rogers expressed his strong optimism about silver and other commodities on top of gold.
He said, ““Despite Gold’s potential, I think I will make more money in other commodities such as silver, cotton, or coffee — all of which are terribly depressed.”
His other punchy comments included:
“If the world economy improves, commodities will lead the way due to demand and shortages. If the world economy does not get better, commodities are still a great place to be because governments are printing so much money. And, if the world economy doesn’t get better, they will print even more money!”
“I am not buying any stock markets around the world right now, they have all gone up a lot and I do not like to buy anything when it’s been going straight up for a while.”
Lastly he stated that commodities are a no-brainer and agriculture is his current favorite investment.