, Marc Faber Blog: Has the Boat Left the Dock for Gold?

Thursday, July 24, 2014

Has the Boat Left the Dock for Gold?

“I don’t quite understand why anyone would be disillusioned by the movement in the gold price,” Faber says. But has the boat left the dock for gold? “In my view, there is no dock anymore because we have a money printing environment so we don’t really know where to park our boat or car,” he says. Faber comments on the recent Chinese gold scandal, tensions in the Middle East as well as central banks policies ahead of the much anticipated ECB meeting on Thursday. Perhaps deflation isn’t even as much of a threat that so many analysts make it out to be?

- Source, Kitco News