Daily Bell: Hello, again. Let's jump right in. Where is gold headed – US$5000 an ounce? Is silver headed toward US$350?
Jim Rogers: I'm not smart enough to know something like that. I own gold and silver
and there are a lot of bulls right now. If you look at open interest
and see all the speculators who own gold and silver, that's usually a
worrisome sign. I mean, I am not selling my gold and silver, I assure
you, but I do worry about all these speculators getting in the market.
Gold and silver will both go much, much higher over the course of the
bull market. The bull market has years to go. How high it will go, I
don't know, but maybe read your newsletter – I read it everyday – and so
read your newsletter and you will find out where gold and silver are
going. I'm not smart enough to know things like that. - in Daily Bell