Legendary Investor Jim Rogers names Silver as one of the only 2 “safe” assets he’d buy with recession looming

“Despite his cautious stance, Rogers pointed out a few potential opportunities in the market.

“If I were buying today — and I’m not — I would probably buy silver or agriculture,” he revealed.

Precious metals like gold and silver are often considered hedges against inflation, as they can’t be printed by central banks like fiat currency. In 2024, gold has garnered significant attention from investors, driving its price to new highs.

Silver, while also experiencing a rally this year, remains well below its historical peak. Rogers highlighted this disparity as a key reason for his interest in the metal.

“Silver is down 40% or 50% from its all-time high… Gold has been making all-time highs,” he said. “Silver is down — it’s hard to find things that are down.””

Source: https://finance.yahoo.com/news/america-long-overdue-problem-jim-110500320.html