Jim Rogers: Gold and Silver

Gold and Silver Outlook, March 2009

I own both Gold and Silver. If gold goes down for whatever reason then I will buy more.

The IMF is trying to sell its gold. They are the second or third largest holder in the world. If the IMF sells their gold it is going to drive the price of gold down a lot.

If it happens I would urge everybody to buy as much as they can. This may be a temporary top, but I plan to buy more if it goes down.

I own silver. I expect to make more in silver than in gold, but I think I am going to make more on agriculture related commodities then in both going forward.

Jim Rogers Blog: Gold and Silver Outlook, March 2009