Sunday, February 1, 2015
Gold Inexpensive compared to other Asset Classes
Gold will go up substantially in 2015: Marc Faber
Gold has absorbed its fair share of the commodities-market blows in recent years, but now is the time to move back into the precious metal, according to superbear Marc Faber. He said, “I’m positive gold GCG5, -0.59% will go up substantially [in 2015] — say 30%”. Expect US dollar to rally against the Euro and Dollar has been strong against EM currencies says Marc Faber.
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