Legendary investor and commodities expert Jim Rogers on Monday shared his thoughts on cryptocurrencies and precious metals, saying he continues to observe the market closely but prefers traditional assets like gold and silver.

"I certainly watch and am interested. I have never bought nor sold any cryptocurrencies because I do not understand that they have any value. Maybe they do and I just don't understand it. But I have never bought nor sold any cryptocurrencies. I'm watching and trying to figure out what to do. So far, I've done nothing. I wish I had bought Bitcoin when it was $2. We all do. So, I am watching, but I do not know what to do yet," the veteran told Business Today . Advertisement

Talking about the rally in precious metals, Rogers said, "Silver and gold are the only two

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