TRACKING THE AUTHOR OF THE GLOOM BOOM DOOM REPORT AND GOLD VIGILANTE, MARC FABER AN UNOFFICIAL TRACKING OF HIS INVESTMENT COMMENTARY
Sunday, March 27, 2016
Marc Faber - "I Would Rather Want To Own Some Solid Currency, In Other Words Gold."
"Leave a million dollars with a bank, and in a year, you get only something like $990,000 back," It’s more tempting to own a non-yielding asset such as Gold when returns on other investments are hard to find, according to Faber. He said in December that the U.S. is at the start of a recession and its stocks would fall this year.
