Thursday, August 17, 2017
Marc Faber on Bitcoin vs. Gold
“In these times, you actually want to have access to something physical that is a recognized medium of exchange.”
“By being in equities and by being in gold, and also having some exposure to bonds, you have some diversification,” he says. “Then you can hope when the hour of truth occurs, you will only lose, say, 50% of your assets, but your neighbor loses everything. So relatively speaking, you will have done very well.”
Click here to watch the full interview with 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