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Top Economist: Accumulate Gold
Well known contrarian thinker and economist Dr. Marc Faber recommends that you add gold to your portfolio as economic instability continues.
Well known contrarian thinker and economist Dr. Marc Faber recommends that you add gold to your portfolio as economic instability continues:
I suggest that people accumulate gold. They shouldn’t market time the gold markets, because we’re going to have volatility and so forth.
If I look at the faces of Tim Geithner, of Ben Bernanke, of Mr. Obama, and Larry Summers that is sure that I will never sell any gold.
As long as these people are essentially structuring economic policies – fiscal and monetary policy and foreign policy – no thank you, I will keep my gold. I will not buy paper money.
Watch the Financial Times Interview with Marc Faber:
References: All American Gold, Financial Times
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