Daily Bell: Hello, again. Let's jump right in. Where is gold headed – US$5000 an ounce? Is silver headed toward US$350?

Jim Rogers: I'm not smart enough to know something like that. I own gold and silver and there are a lot of bulls right now. If you look at open interest and see all the speculators who own gold and silver, that's usually a worrisome sign. I mean, I am not selling my gold and silver, I assure you, but I do worry about all these speculators getting in the market.

Gold and silver will both go much, much higher over the course of the bull market.