Silver bubble? Jim Rogers says not yet

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?

About the Author
Michael McFarlin

Michael McFarlin joined Futures in 2010 after graduating summa cum laude from Trinity International University, where he majored in English/Communication. With the launch of the new web platform, Michael serves as web editor for the site and will continue to work on the magazine, where he focuses on the Markets and Trading 101 features. He also served as a member of the Wisconsin National Guard from 2007 to 2010.

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