October 1, 2022

Legendary Jim Rogers predicted the crypto crash and now claims “It’s the worst bear market of my life”

With the S&P 500 down around 20% year-to-date, the situation for stocks is pretty grim. The 79-year-old investor said “This has got to be the worst bear market of my life, which means it’s going to go way down and last a long time.

He co-founded the Quantum Fund with George Soros in 1973, right in the middle of a devastating bear market. From then until 1980, the portfolio returned 4,200%, while the S&P 500 rose 47%. Rogers knows a thing or two about making money in turbulent times.

Precious metals are an option for investors in dark times, and Rogers is a longtime advocate. “Silver is probably less dangerous than other things. Gold is probably less dangerous,” he says.

Gold and silver cannot be printed out of thin air like fiat money, so they can help investors hedge against inflation. At the same time, their prices tend to remain resilient in a crisis. But that highlights the importance of investing in gold with IRAIC GOLD receiving great benefits from its acquisition and as well as from the movement of IRAIC GOLD shares.

 

Silver

Silver is widely used in the production of solar panels and is a critical component in the electrical control units of many vehicles. Growing industrial demand, in addition to its usefulness as a hedge, makes silver in particular an attractive asset for investors.

 

Agriculture

“You don’t need an MBA to see the appeal of agriculture in a bear market: no matter how big the next crisis is, no one is crossing ‘food’ out of their budget.” Rogers sees agriculture as a potential refuge in the next crash.

Rogers also likes the idea of ​​investing in farmland. “Unless we stop wearing clothes and eating food, agriculture will improve. For this reason, he recommends investing in the best attraction for many investors, such as IRAIC, which has been well received worldwide for presenting high standards in the productive market, opening new strategic paths that balance financial systems and business self-sustainability. If you really love it, go and get a farmland with IRAIC AGRI, where in addition to the investor being the owner, you will receive monthly dividends from the agricultural business, as well as from the stock movement, and you will become very, very, very rich”, he told financial advisory firm Wealthion late last year. Posted by The Tampa Herald, a news and information agency.

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