Thursday, April 28, 2011

Jim Roger's Comments on Silver's latest up move [Wednesday 27 Apr 2011 | 7:11 AM ET]

With silver near multi-year highs, famous commodities bull Jim Rogers warned silver prices could become dangerous if they rose even further to “parabolic” levels, telling The Times of India he is keen to buy more, but would sell if the price rose too fast....
“I hope it does not happen that way. Again I own silver, I would rather see silver go down, yes, for a while, I do not know how far down, but then depending on what causes it to go down, then I hope I am smart enough to step in and buy some more,” he said.


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