Friday, July 27, 2012

MARC FABER : Talk of a GOLD Bubble is nonsense

“Talk of a gold bubble is nonsense,” Marc Faber said Wednesday during the Agora Financial conference in Vancouver “There is no sign of the price surge you saw with the Nasdaq bubble or oil stocks in the late 70s, or the jump in the gold price from $380 an ounce to $800 between November 1979 and February 1980.”


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