JIM ROGERS - PREDICTS $100 SILVER THIS YEAR - BUY AT ANY PRICE?

Jim Rogers : ” My hope is, silver and gold and all commodities will continue to go up in an orderly way for another ten years or so, and eventually the prices will be very, very high”. “I hope something stops it going up in the foreseeable future and we have a correction,” he added. Explaining his wish, Rogers warned that “a parabolic move and all parabolic moves end badly”. Most investors don’t notice something until there’s a good, nice bull market in place, such as with gold and silver, he said, adding after ten years of price rises in gold, people are starting to notice. “Eventually, everybody’s going to be owning gold, and then we’ll all have to sell our gold. But that’s a long way from now, he predicted. The legendary investor doesn’t consider the recent increases in precious metals as parabolic. “If silver continues to go up like it has been over the past 2 or 3 weeks, yes, then it would get to triple digits this year. And then we’ll have to worry. It’s not parabolic yet”. “There’s never one in history that hasn’t popped,” he noted.

MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet