Friday, July 5, 2013

Marc Faber: I have repeatedly stated that I will Buy GOLD

ET Now: Are you still advising your clients to put money to work in gold?

Marc Faber: I have repeatedly stated that I will buy gold. I expected this correction and I would buy gold at $1300 an ounce and then at $1200 an ounce and then at $1100 an ounce. But I have a disciplined approach to my asset allocation, whereby I would not invest more than 20-25% in gold.

 In Economic Times : Click here to watch the full interview>>>>>


Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

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