Famed investor Jim Rogers, the founder of the Quantum Fund, recommended investment in silver in the New Year as its price is substantially lower than historic high.
The financial commentator made the advice in a recent joint interview with the Korea News Plus and E-Trend, a YouTube channel focusing on economic and stock market news.
“Silver is down 50 percent from its all-time high. Gold is down 10 percent from its all-time high, less than 10 percent. I will buy both, but I will buy more silver than gold,” he said.
“I have been buying travel, entertainment, tourism, wine, and restaurant companies because people did not go out and could not go out, but in 2021, people will go out again, and people will travel again,” he said.
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