Jim Rogers would rather own Silver or rice as assets

Stating that he’d rather own Silver or rice as assets, legendary investor Jim Rogers indicated that the coming years will be filled with political turmoil and economic uncertainty.

In a Newsmax interview, Rogers says “”If you can get the right farmland I would suspect farmland would continue to be a wonderful place to continue to put money. Become a farmer. Finance is finished”

“You’re going to see more social unrest including in the United States, including in western and in developed countries. There’s going to be a lot more social unrest. More governments are going to fall, more countries are going to fall,” he added

In an earlier interview with Fox business, Rogers had said that “The U.S. is in fact in worse shape than Europe. The next time we have an economic slowdown it will be terrible. And it will be sooner than we all had hoped. I would expect it to be around 2012 or 2013”

Jim Rogers has been a constant commodity bull since early 1999 when he predicted the rise of China and the impending bull run in commodities.

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Posted by Silver Guru on Dec 9 2011. Filed under Silver Analysis. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry