Rogers has sold many stocks and bonds and has stated that he will choose the right opportunity to short "the Big Seven."

Despite a chorus of optimism on Wall Street, legendary investor Jim Rogers remains pessimistic about the market.

This legendary investor, known for co-founding the Quantum Fund with George Soros and dubbed the "Commodities King," anticipates a sharp drop in asset prices, an impending economic disaster, and plans to profit by shorting "darlings of the US stock market" such as Tesla and Nvidia when the timing is right.

In a recent interview, the seasoned investor said:

"Bonds are in a bubble, real estate in many countries is also in a bubble, and the stock market is preparing for a bubble."

Rogers has already sold many of his stocks and bonds as he expects a painful crash, but he has not yet started shorting.

He pointed out "warning signs" of an imminent crash, including a few stocks driving up major indices this year and novice investors boasting to all their friends about how easy it is to make money from stock trading.

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Rogers, who is now 81 years old, also predicts that the US economy will soon be in trouble due to ballooning debt. He said, "I doubt that the situation will look so optimistic next year."Rogers pointed out that he is uncertain whether a recession will occur in the future, and he is "worried" that since the financial crisis of 2008, the world has not experienced a prolonged economic downturn, while the global debt burden has been expanding since then.

He said, "The next economic problem is probably the most serious I have encountered in my lifetime, because the scale of debt is simply incredible."

Rogers also advised people to hold precious metals, as precious metals tend to retain value better than other assets during periods of panic. "Everyone should hold some gold and silver, and that's what I do."

This top investor also predicted that inflation, which has cooled significantly over the past year, will accelerate again to painful levels. In addition, he criticized the Federal Reserve for not knowing what it is doing, and in the last century, all but a few Federal Reserve chairs have been denounced as foolish "bureaucrats and scholars."

Rogers has extensive experience and a deep understanding of financial history, but it is worth noting that he has been predicting for years that the United States will experience the most severe economic recession of his lifetime, but this prophecy has never come true.