- I'd rather buy silver (SLV -3.8%) says Jim Rogers, when asked to choose between precious metals. Gold (GLD -2.1%), he says, is off about 30-35% from its highs while silver is down more like 60%. Rogers is an owner of both, but not adding just yet, and while he's hedged his gold holdings, he hasn't done so for silver because it's already down so far.
- "If it goes down more, I hope I'm smart enough to buy."
- PM ETFs: GLD, SLV, IAU, AGQ, PHYS, SIVR, USLV, ZSL, SGOL, UGL, DGP, GLL, DZZ, UGLD, DBS, DGL, DSLV, DGZ, AGOL, GLDI, DGLD, SLVO, TBAR, USV, UBG
Jim Rogers hedges gold holdings
Dec 12 2013, 15:19 ET