저자: JimRogers · 외국인
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Jim Rogers는 현재 금 대비 은이 약 40% 저평가되어 있어 은을 더 매력적으로 본다고 주장. 중국의 금·은 매수 흐름을 언급하며 서구 투자자들은 시장 붕괴 후에야 귀금속을 찾는 패턴이 반복된다고 설명. 주식시장은 낙관론이 지배적이지만 역사적으로 모두가 괜찮다고 할 때 의문을 가져야 한다고 경고. 현재 중국 주식 일부를 저평가로 보고 매수했다고 언급하며, 미국 달러를 많이 보유하고 있다고 밝힘.
다듬은 글
Hey everyone, welcome back. Today we're diving into a fascinating conversation with none other than legendary investor Jim Rogers. This interview was recorded a few months ago, but what Jim shares is still incredibly relevant, especially when it comes to precious metals like gold and silver. If you've been watching the markets lately, you'll know there's been a lot of talk about inflation, debt, and how we can protect our wealth.
Jim Rogers is known for his bold predictions, and in this interview, he reveals why he's betting on silver over gold right now. But before we dive into the clips, let's set the stage for what you're about to hear. Now, I don't know about you, but as we continue to witness unprecedented government debt, inflation, and potential financial crisis, many investors are starting to think, what's the safest bet?
According to Jim Rogers, that bet is silver, not gold. And it's not because silver is shiny or cheaper than gold. Jim Rogers brings a deeper perspective to why silver might outperform gold in the coming years. So sit tight as we break down the key parts of this interview where Jim offers his thoughts on the economy, his view on precious metals, and the changing dynamics between East and West when it comes to investing.
But first, let's set the tone and get you ready for a deep dive into Jim's reasoning for putting silver at the forefront of his investment strategy. Today, I would buy silver. Silver is still down 40% or so from its all-time high. Gold is making all-time highs. Who knows? I own both. I'm not selling either.
And I hope I'm smart enough to buy more given the right opportunity. And what do you think though is the motivation behind the volumes of buying that we're seeing in the east? Why is China buying so much at this moment in time? Fortunately, it's very easy for the Chinese to buy gold and silver. There's a gold shop everywhere you go and you can buy more.
The banks have the banks sell or some of the banks sell gold and silver. It's very easy. I mean, the Chinese have been around a long time. They know that gold and silver is always a good thing to have in the closet at certain times. And I'm like an old Chinese peasant. I've got some, too. Uh, all of us old Chinese peasants know when things go bad, you better own some gold and silver.
And China, as you know, for a long time couldn't buy gold and silver, but now they can again. And the government is buying gold in a big way from what I read. And the people are too and I am too. Jim's reason for choosing silver over gold is simple. It's undervalued. While gold is hitting all-time highs, silver is still lagging behind by about 40%.
Meaning it has significant potential for growth. Jim sees this as a great long-term opportunity. Now, if you look at China, where buying gold and silver is a cultural norm, it's not just about trends. It's about safeguarding wealth in uncertain times. With gold shops on almost every corner, both the government and the people are actively buying, seeing precious metals as a necessary hedge.
Uh and what we are seeing though is we're seeing very much that it is an eastled bull market where we're not seeing as anywhere near the same degree of participation by western investors and in particular uh western retail investors. Uh what do you think would have to happen in order for western investors and western retail investors to start to see the value of gold and silver in the portfolio in the same way that they do in the east?
Well, historically is usually when things start going bad in the investment market. When the bare market comes, it catches attention for many people and they start looking for alternatives and gold and silver historically have been one of those alternatives. That's the way I suspect it will work out.
It's often worked that way in the past. I'm just an old president and I know I know I'm trying to get mine early. So you're suggesting then that particularly if we hark back to what you were saying earlier where you know you you might be seeing some cracks in financial markets at the moment but you wouldn't be selling short and that there's probably a tipping point that we will get to uh in financial markets particularly in stock markets where a bit of panic starts to set in and that's when we'll start to see the participation by retail investors.
Well, that's often the way it has worked in the past. Yes. There's nothing, you know, when it's on the six o'clock news. A lot of people start to worry and realize, oh my gosh, what's going on? Let me do something. Right now, I suspect that whatever's on the 6:00 news says stock market's making all-time highs.
Things are great. So, most people right now aren't worried about anything. They have a job. Inflation's sort of under control. Stock markets are going up. Why worry? Why worry? For goodness sake, what's wrong with you? Seeding panic and fear. That's what people would that's what people would think. But the reality is what you're saying is that what we're seeing on the mainstream media tends to be the uh when it comes to financial markets tends to be the hyped good news.
The stock markets are going higher. Everything is everything is rosy. That's the message coming from uh that's message coming from government. Um so no need to panic. That's basically what we're seeing at the moment. But if you dig beneath the surface there uh and you try and consume your uh media from outside of the, you know, the 6:00 news, you might find something different.
Is that what you're saying? Well, I'm not in Dublin, so I don't know what they're saying on the six o'clock news in Dublin, but I do know in most of the world, the view is that everything is okay, nothing to worry about. And as you probably know, at least I know historically, when everybody thinks there's nothing to worry about, that's when you should start at least asking questions.
Indeed. Um, in terms of countries that you'd be investing in right now, what would be your favorite? Or do you have a favorite or is it a case of pulling in your pulling in your horns? Well, I guess to today uh July of 2024 would have to be China. You know, nearly every other country is making new highs or is near highs.
US is making new highs. Japan, my goodness, Japan was down for 35 years. Now Japan is making new highs. Everybody's doing well. China is the only place China got hit with the virus and a huge real estate bubble which popped. Uh so China's having some problems and that's about the only place that I know that's not booming in the in the stock market.
Okay. So taking taking advantage of those countries that are kind of underfed um at the moment. Okay. I know your parents taught you to buy low and sell high. I know your parents didn't say buy high and hope it goes higher. That's not the way that's not the way it should work. Absolutely. Um finally, what are you doing now based on everything that you said and the perspective that you have?
What are you doing now with your finances that you think uh that uh viewers of this channel could take lesson from? Well, everybody has to do their own thing and make their own mistakes. I use Becca Stan is a market that is depressed not depressed but well it's depressed historically. Uh so that's a place that I am looking and have bought.
I am looking at China to buy more shares in China. But hey, there not many places. I mean, if you know something, please send me a private email. I'm looking I'm looking for the the new opportunities. I'd love to invest in North Korea, but there's no way. First of all, I'm an American and second of all, there's no market.
But this is just most markets are have been and are doing very well. I own a lot of US dollars. Now you may say why? Because the US is the largest deter nation in the history of the world. But when there's a crisis or problem, people look for a safe haven. And for historic reasons, many people think the US dollar is a safe haven.
It is not. But people think it is. So I own dollars and my plan is when the turmoil comes the dollar will go higher and I will sell. Now you should ask me then well what are you going to do with the money then and that is a brilliant question and I don't have an answer right now. You know in theory it would be the Chinese currency which will begin to compete with the dollar but not now.
I mean the Chinese currency is a blocked currency. You cannot buy and sell it like you can the euro or many things. So, I don't know where I'll put my money. Then, here's the typical pattern. Western investors tend to wait until things go wrong before turning to precious metals. It's only when markets start to crash that they realize the value of gold and silver as safe havens.
The lesson here is simple. If you wait until the panic sets in, you're already too late. The early bird gets the worm. And in this case, it's silver and gold. Jim Rogers is betting on silver over gold because it remains undervalued compared to gold. While gold has already hit new highs, silver still has significant room to grow, making it an excellent opportunity for long-term gains.
China, on the other hand, has long viewed gold and silver as essential safeguards against uncertainty. With gold shops on almost every corner, the Chinese have easy access to precious metals, reflecting a cultural tradition of using them to protect wealth. Jim suggests that the West could learn from China's proactive approach to investing in these metals.
Western investors, however, tend to wait until the market crashes before turning to gold and silver, which often means it's too late to capitalize on their true value. Jim warns that when the next bare market hits, many will rush to precious metals just as they always have. The key takeaway is that early investors, those who act before the panic begins, are the ones who stand to benefit. three .
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