Dr. Marc Faber Economic Interview, 12/01/08
Veteran contrarian commentator Dr. Marc Faber maintains that physical gold should be held outside the United States and is also now recommending junior gold exploration stocks. This is one of the best short commentaries on the state of US capital markets I have seen in ages. He sees a ‘very strong rebound’ for gold explorers which have been ‘hammered’. US stocks will rally further he maintains, at least for a short while. In January to March next year you must get out as the economy will implode, he adds.
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