Financial expert Jim Rogers, known for his investment expertise, said in a recent interview that he has seen many bear markets over the years, but that “the worst is yet to come.” In order to avoid this, instead of gold, which the majority turns to; recommends investment in silver, copper and agricultural products. Cryptocoin. com we are conveying the details…
Jim Rogers drew attention to these assets instead of gold
Investment and finance expert Jim Rogers explained that he has seen many bearish markets over the years, but is worried that the worst is imminent. According to the expert, who claims that the next bear market “will be the worst of his life”, 3 assets can be kept in the portfolio against market volatility.
The first asset Rogers proposed was silver. The expert pointed out that the record level of silver was $ 50, but is currently trading at $ 23, “why not return to the all-time high (ATH)?” used the phrases. He stressed that this is how markets work. Second, Rogers points to copper. Unlike silver, this asset is hovering near its all-time high. However, Rogers does not refer to ATH in this advice, but to the increasing use of copper in electric vehicles. The expert name uses the following expressions:
More copper is used in the production of electric vehicles compared to vehicles with internal combustion engines. Therefore, there will be a huge demand. Copper prices are currently at all-time highs, but the era of electric cars is just getting started.
As a final investment proposal, Rogers points to agricultural products. It shows agricultural lands as a means of hedging. Pointing to agricultural products such as sugar or corn, Rogers says, “agriculture will get better as long as we don’t stop dressing and eating.”