While he holds both gold and silver, Rogers revealed he has been adding more silver. “If I were buying today, I’d prefer silver over gold. Silver is not at an all-time high yet, unlike gold,” he said, though he cautioned that he is not making fresh purchases at current elevated levels.
Rogers remains wary of the US dollar despite holding large cash reserves in it. “The dollar is not a true safe haven, but in times of trouble, people still rush to it. That’s why I hold dollars for now,” he explained.
India an attractive long-term story in equities
On equities, Rogers said India remains an attractive long-term story. “For the first time in my life, Delhi seems to understand that prosperity is good. I want to buy Indian shares eventually, but markets have not corrected enough for me yet,” he said. He also highlighted China, where he continues to hold shares despite geopolitical headwinds.
Agriculture is another sector on Rogers’ radar. “Farming has been neglected for decades. Crops like cotton, wheat, and corn could be exciting investments. Agriculture may finally have its time,” he noted.Still, Rogers struck a cautious note on global markets. “Nearly every market is doing well. That usually signals problems ahead. I’m waiting with cash to see what goes wrong,” he said.For Jim Rogers, gold and silver remain safe stores of value, India is a promising but pricey bet, and agriculture could be the next big theme—while global euphoria has him on guard.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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