Thursday, July 3, 2014

Faber on The Chinese Gold scandal ahead of the ECB Meeting

 Kitco News speaks with Marc Faber, editor and publisher of "The Gloom, Boom & Doom Report," to see what he thinks of gold these days. "I don't quite understand why anyone would be disillusioned by the movement in the gold price," Faber says. But has the boat left the dock for gold? "In my view, there is no dock anymore because we have a money printing environment so we don't really know where to park our boat or car," he says. Faber comments on the recent Chinese gold scandal, tensions in the Middle East as well as central banks policies ahead of the much anticipated ECB meeting on Thursday. Perhaps deflation isn't even as much of a threat that so many analysts make it out to be? Tune in now to hear more from the famous contrarian investor Dr. Marc Faber. Kitco News, July 2, 2014.










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.

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