Jim Rogers, a renowned investor and financial commentator, has consistently emphasized the importance of holding gold and silver as safe-haven assets, particularly in times of economic uncertainty. In his view, gold and silver serve as reliable stores of value when traditional markets face turbulence. Rogers points out that fiat currencies, which are backed by governments rather than tangible assets, are vulnerable to inflation, devaluation, and economic mismanagement. As central banks around the world continue to print money, the purchasing power of these currencies diminishes, making gold and silver more attractive as they cannot be produced at will and have historically held their value.
Source:- news 18
Rogers also highlights the cyclical nature of financial markets, which are prone to booms and busts. In such times, investors often flock to precious metals to safeguard their wealth. He warns that in an era of mounting debt, geopolitical tensions, and potential financial crises, the need for tangible assets like gold and silver is more critical than ever. These metals provide a hedge against inflation, currency fluctuations, and systemic risks that can arise during economic downturns.
Source:- BBC news
Beyond serving as a hedge, gold and silver also offer diversification benefits, allowing investors to spread risk across different asset classes. According to Rogers, relying solely on stocks, bonds, or fiat currencies exposes investors to significant risks that can be mitigated by including precious metals in their portfolios. He believes that when financial systems face stress, having physical gold and silver on hand provides a level of security that paper assets cannot match.
Rogers’ advice is clear: as global economic challenges continue to grow, individuals should ensure they hold some gold and silver. These metals not only preserve wealth but also offer peace of mind in an increasingly uncertain world. As Rogers famously states, “We better have some gold and silver when problems arise.”
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