Jim Rogers on silver and gold.

Jim Rogers sees long term trends and here is what he thinks about silver and gold:

"I think silver will be a great place for the next 10-20 years."

"It would not surprise me to see gold go to US$1200 – but if it goes that low I’d buy a lot more – gold has been up 11 years in a row it deserves a substantial correction."

Source: CNBC, 29 Dec 2011.

The story has not changed.

I am looking to buy more gold and silver on further price weakness.

Related post:
Silver: Searching for support.