iShares Silver Trust (NYSEArca: SLV) and ETFS Physical Silver (NYSEArca: SIVR) are the two ways to get your physical silver exposure. Rogers notes that silver is 40% below its all-time high, and going forward, silver is relatively cheap and undervalued.
He also espouses gold and silver futures, which can be owned via PowerShares DB Gold (NYSEArca: DGL) and PowerShares DB Silver (NYSEArca: DBS).
Rogers cautions investors to be careful when trading in the futures market – and we agree. Do some due diligence before jumping into ETFs, even if you’re acting on an expert’s advice, because ETFs are not one-size-fits-all.
Max Chen contributed to this article.