Don’t Sell Your Gold and Silver Coins: Jim RogersSubmitted by Brian Frank on Tue, 02/05/2013 - 21:24
Gold and silver may be off their highs but that hasn’t hurt demand for gold and silver coins. Sales of silver eagle coins hit a new record last month and gold coin sales in January reached their highest level in almost 19 months.
"You can’t get [silver coins]. They sell out,” says legendary investor Jim Rogers. “Several mints have run out of coins…because everybody’s worried about the future of the world.”
Rogers, chairman of Rogers Holdings and author of the new book, "Street Smarts: Adventures on the Road and in the Markets," tells The Daily Ticker that he “wouldn’t rush in right now” to buy more coins, but he’s not selling them either.