I expect there to be hysteria in the precious metals markets in 5 to 10 years. Right now, very few people own gold, and I can hardly call something a bubble when very few people own it.
Related ETFs: Market Vectors Gold Miners ETF(GDX), SPDR Gold Trust (ETF)(GLD)
Related Stocks: Newmont Mining Corporation (NEM), Goldcorp Inc. (USA) (GG), NovaGold Resources Inc. (USA) (NG)
Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.