Marc Faber : I recommend an asset allocation of about 25% in equities; 25% in fixed income, securities and cash; 25% in real estate;
and 25% in precious metals—gold, silver. I think I have around 25% in
gold whereby I don’t value my gold. I have it and it’s my insurance policy.
It is important that one day when the so-called shit hits the fan—and I
think the Fed is well on its way to creating that situation—you have
access to your gold, that it is not taken away. - Faber said at Sprott Resources Round-table
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.