Despite strong stock market gains in 2024, investor Jim Rogers warns of an impending financial crisis, citing unprecedented debt levels, with U.S. debt reaching $35.32 trillion. Rogers is holding substantial cash, anticipating a severe market downturn, similar to Warren Buffett’s Berkshire Hathaway, which also has a large cash reserve.
Although cautious, Rogers sees potential in silver and agriculture due to their relatively low valuations. Silver remains below its all-time high, unlike gold, while agriculture—an often-overlooked sector—offers stability, given its essential role in the global economy.
