Sergei Savostyanov/TASS/ Getty Images
- Gold and silver are better bets than stocks, bonds, or real estate right now, Jim Rogers says.
- George Soros' former business partner said commodities tend to do well during inflationary periods.
- Rogers expects inflation to worsen again, and sees a recession as almost inevitable.
Jim Rogers expects gold and silver to outshine other assets during a period of historic inflation and widespread worry about a recession.
"If you're in a world where prices are going higher, you want to own the things that are going higher in price," the veteran investor told "The Julia La Roche Show" in a recent interview.