Thursday, March 22, 2012

Marc Faber : Hide your Gold in a safe deposit box outside the US

Marc Faber : This is a very good question. Where is anything safe? I mean I think in a safe deposit box it's relatively safe but maybe not in a safe deposit box in the U.S. because if you look at MF Global case it seems, and I don’t know for sure, but it seems that some people got their money but not others. This is a very disturbing thing to happen in the financial system. And, when I see this I think we have to be very prudent. So I would hold a safe deposit box outside the U.S. Now the question is how is it to hold a safe deposit in a bank if the bank closes down and this and that, you can also hold safe deposit boxes in duty free stores, warehouses, at airports around the world. In Switzerland we have them, in Singapore we have them, so that’s a possibility. - in Chris Martenson interview
Click here to watch the full interview>>>>>


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