Marc Faber : not to own any Gold is to trust central bankers and that you do not want to do in your life

Thursday, June 23, 2011

Marc Faber : not to own any Gold is to trust central bankers and that you do not want to do in your life

June 23 2011: Marc Faber, publisher of the Gloom, Boom & Doom report,interviewed in Honk Kong by Bloomberg talks about his investment strategy and the outlook for global financial markets said that he Likes Gold, Silver and Will Keep Accumulating Gold : ...Yes I still like Gold and Silver but I think they'll go down for the next three months or so but I wouldn't short them and I keep on accumulating gold , I think Gold in the long run not not to own any gold is to trust central bankers and that you do not want to do in your life

Dr. Marc Faber Tomorrow's Gold

Dr Marc Faber was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna cum laude. Between 1970 and 1978, Dr Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In June 1990, he set up his own business, which acts as an investment advisor and fund manager.