12 November, 2009

Gold Will Not Go Below 1,000 Again

“We will not see less than the $1,000 level again. Central banks are all the same. They are printers. Gold is maybe cheaper today than in 2001, given the interest rates. You have to own physical gold.” in Bloomberg.com

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world. Dr. Doom also trades currencies and commodity futures like Gold and Oil.