"I’m not optimistic about any asset class, whether it’s art, collectibles, bonds, equities, or commodities, but relatively speaking, probably commodity related stocks are very cheap. And don’t forget in 1999 to March 2000 there were a handful of technology stocks that went ballistic, and these so-called ‘old economy’ stocks were all sleeping. And when the Nasdaq collapsed, the ‘old economy’ stocks came back (into vogue).
So my sense is that as a contrarian and also given the extremely negative sentiment about gold, silver, platinum, and palladium, going into 2014 I think that the mining sector looks reasonably attractive."
- Source, Marc Faber via a recent King World News interview:
