Thursday, September 3, 2015

Gold Is Insurance if the Banking System Fails

Marc Faber, publisher of The Gloom, Boom & Doom Report, says nearly all asset markets are overvalued so it’s best just to stash away your cash right now and you’ll be poised to buy when market bubbles finally pop.

But he does suggest allocating 25 percent of your investment portfolio to gold.

“Gold is insurance if the banking system fails,” he said at the CFA Analyst Seminar in Chicago in a presentation titled, “Inflating Asset Markets and Deflating Real Economic Activity? Strategies for Global Investors.”

“As an investor I’d like to own something outside the banking system, and that includes real estate, art and gold,” he was quoted by Pensions & Investments Online as saying.

He said real estate and emerging markets equities are better bets than U.S. stocks during the next five to 10 years.

He said Vietnam, Cambodia, Thailand and Laos are among the most promising regions for investment for the next 30 years. “In the absence of war, the area will be very attractive,” he noted.

He sees bonds as the most despised investment right now, but prefers U.S. Treasurys to European rivals.

Meanwhile, gold prices rallied from from five-year lows on Monday as investors returned to the precious metal after China’s stock market plunged. Gold futures rose $11.70, or 1.1%, to $1,097.20 a troy ounce on the Comex division of the New York Mercantile Exchange.

- Source, NewsMax

Sunday, August 30, 2015

Faber Sees `Gigantic' Asset Bubble, Slowing Growth

Thursday, August 20, 2015

S&P Falling by 20 Percent May Prompt QE4

Sunday, August 16, 2015

China's Unwind 'Will Be a Disaster'

Wednesday, August 12, 2015

Greece Cannot Pay Current Debt

Gloom, Boom & Doom Report Editor Marc Faber discusses his outlook for Greece after the referendum. He speaks on “Bloomberg Markets.”

Saturday, August 8, 2015

Further Share Declines Coming

Marc Faber, Editor of the Gloom, Boom & Doom Report, says the Shanghai Composite could decline further to 3,200 points.

Tuesday, August 4, 2015

Marc Faber on the global economy

Marc Faber, publisher of the Gloom, Boom & Doom report explains why he is so worried about China.

Friday, July 31, 2015

Why stocks could drop up to 40 percent

Marc Faber, Gloom, Boom & Doom Report, shares his outlook on the markets.

Wednesday, July 15, 2015

Marc Faber - Precious Metals And Some Cash Are The Safest Place To Be

Friday, July 10, 2015

Marc Faber Warn's "A Greece Will Come To Your Neighborhood Very Soon"

Thursday, June 25, 2015

Marc Faber : We Are in the End Game - Economic Collapse

Marc Faber : We Are in the End Game - Economic Collapse. Is it true? When will it happen?

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