Friday, July 24, 2015
Marc Faber recommends Gold & Real Estate for an Investments outside The Banking System
“Gold is insurance if the banking system fails,” he said. “As an investor I’d like to own something outside the banking system, and that includes real estate, art and gold.”
Mr. Faber, publisher of the “Gloom, Doom and Boom” newsletter, made his comments Thursday at the CFA Analyst Seminar in Chicago in a presentation titled, “Inflating Asset Markets and Deflating Real Economic Activity? Strategies for Global Investors.”
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