Jim Rogers issues dire warning, says things are going to go bad again; he’s turning to safe-haven assets like gold and silver
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There are strong concerns about the arrival of a recession in the US economy in 2025, as per a previous ET report, and this is one of the biggest worrying factors for the US stock markets as it could crash as easily as it has risen over the past two years. Moreover, if things went worse, it could go on for as long as this ongoing bull run, and would be extremely tough to recover from.
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Current reports are showing that 14 of the world's largest stock markets have reported record highs across 2024, which means that the global markets are currently riding on its peak, which means it could be any time that this market euphoria ends, and the entire world faces the wrath of market crashes.
Veteran market analyst Jim Rogers is of the opinion that he will not be joining the global stock market Euphoria and he has sold most of his shares in countries across the world. He is already advising everybody to have a cautious outlook on the stock markets, especially in the United States, and opt for safe-haven assets like gold and silver, which are considered popular hedges against inflation. Moreover, these metals cannot be printed like currencies and therefore its value, stability and reliability during a market crisis stays intact, making it a
