Sunday, October 24, 2010

Marc Faber: Don't worry if gold crashes...

From BI-ME.com:

... Faber also said there could be a significant correction in gold and other commodities as the dollar changes course. However any large decline would represent a buying opportunity, he argues.

The governments of every developed economy, including the US, the UK, and Western Europe, will eventually default on their sovereign debts, so the one thing he will never do in his life is 'sell my gold...

Read full article...

More from Marc Faber:

Marc Faber: The Western world is going bust

Marc Faber: Obama makes Bush look like a genius

Marc Faber: A major market "turning point" is coming


View the original article here

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