Saturday, November 30, 2013

Bitcoin : I have no idea whether it is worth $10,000, a million dollars, or $50

"If a symptom of excess liquidity goes into bitcoins, it can go into paintings, farmland, diamonds, all at different times,"
"I have no idea whether a bitcoin is worth $10,000, a million dollars, or $50," Faber said.
 "It shows that there is a lot of liquidity that just flushes into one speculative sector of the market to another one." Faber said on Squawk Box yesterday Click here to watch the full interview >>>>>>

Marc Faber
Marc Faber

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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