Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).
Saturday, July 16, 2011
"Silver's going to go much, much higher over the next decade," Jim Rogers said. :" the world is having shortages developed in nearly every metal" Jim Rogers explained . " ...I own the metals themselves , I happen to own some Rio Tinto which I have owned for decades , 12 years , basically I rather own the metals themselves rather than the miners ""If you picked the right miners or the right oil company or the right anything you can make a lot more money than you are making in the metal there is no question about that , but the study show that you better off owning the commodities themselves than rather than the miners or the oil companies , for instance natural gas tripled in the last few years , well Enron was a natural gas company , Enron went to zero , natural gas can go down but it cannot go to zero the same with all commodities , if you picked the right one you are going to make a lot lot more money but otherwise you should stay I think with the commodity itself" - in CNBC