Saturday, August 10, 2013

Marc Faber : Gold is relatively Cheap relative to other Assets




Marc Faber : "I like [gold] here relative to other assets—to paintings, to collectibles, the Manhattan high-end property, to Hamptons property, to the Dow Jones, the S&P, the Russell 2000. I think gold is relatively cheap,"
"All these supersmart Fed watchers and Fed members and superbears about gold, they came out with sell recommendations on gold—these are all people that never owned an ounce of gold in their life!"


Marc Faber believes that sentiment has gotten overly bearish around gold. He likes it for the long term, but he'd also buy it for a bounce.
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.


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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