Tuesday, March 26, 2013

Marc Faber Warns of Gold Confiscation

Marc Faber - 2013 Gold Price Prediction : Will a financial collapse come about in 2013? Marc Faber gives his advice for gold and silver stackers and some economic forecasts.Marc Faber is the publisher of the Gloom Boom and Doom report and often shares his recommendations in interviews regarding the financial markets. He believes equities will fall 20% in the short term in most countries, except Japan, Vietnam, China due to their underperformance over the past few years. He was also asked about bonds? He says they could rally from here because they're oversold, we could have seen the lows but he would not buy US treasuries. Other questions asked include what do you see the price of oil going to in 2013 and is Apple stock (AAPL) overvalued? Will the price crash or correction continue?


Related Posts Plugin for WordPress, Blogger...