Jim Rogers, CEO and chairman of Rogers Holdings, appears on CNBC Europe and discusses the prospects for precious metals moving forward. Rogers believes that, ‘Silver is going to go much much higher over the next decade.’
In addition to industrial and commercial uses for silver, Roger also feels that more and more people are worried about debasement of currencies. ‘Currencies all over the world are being debased by governments. There are no sound currencies anymore.’
When asked what eventual target he has for gold, Rogers responds, ‘If they continue to debase currencies the way they are, there is no top.’
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