Jim Rogers recently did a radio interview in which the host asked him if he thought gold and silver were in a bubble. Rogers answer: Not yet. That doesn't mean he doesn't think it will happen, just that we're not there yet. He does say he wouldn't be surprised to see silver top $50 this year, but warns that if it goes above $100 this year then a collapse is possible. He hopes commodities continue their orderly march higher. If they do, the bubble may not actually pop until 2017, he says.
The interview is below. What do you think? Is Rogers being too optimistic? What will your sell signal for silver be?