Thursday, January 30, 2014
20% of my Net Worth is in Gold
“About 20% of my net worth is in gold. I don't even value it in my portfolio.”
Faber told the Wall Street Journal in December 2012 that:
"Individuals are making a mistake if they're holding all their assets in one country.…I still have the majority of my gold in Switzerland, but I am already moving gold to Asia," - in fxstreet
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.
Posted by Nicole Bourbaki