Wednesday, June 12, 2013

Marc Faber : Gold has far outperformed Financial Assets since 1999

Marc Faber : Gold is down 30% from its 2011 peak of $1,921, but has far outperformed financial assets since 1999. A correction was overdue. I have about a 25% allocation to gold and buy some every month. I want to have some assets that aren't in the banking system. When the asset bubble bursts, financial assets will be particularly vulnerable. - in Barron's


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