Source : finews.ch
(Summarily Translated from German )
The man remains: On the stock markets threatens a 20 per cent loss . Other asset classes, it might be hard to meet . And for once , the Doom Prophet also expressed to the question: a threat of hyper-inflation ?
How can you protect yourself from really dramatic slump ? When " Sprott Precious Round Table ," a Canadian web and radio broadcast , Marc Faber expressed on the question of all questions - and in particular on developments in precious metals .
Strong support sifts Faber, who lives in Thailand , apparently with the Asians. There is on the one hand the tradition that we like to have physical gold. On the other hand, the gold shares are very deep just with the Asian central banks and sovereign wealth funds . And is finally worth noting , as Faber now that the Chinese government is currently encourage their citizens to bet on gold.
It was therefore foreseeable that the Asians in the face of political instability and a decline in confidence in the U.S. dollar continues to accumulate physical gold and silver .
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Marc Faber : This is How I arm Myself for The Next Crash