What will continue to happen is that the S&P 500 and the Dow Jones will go down relative to gold. I think gold will go up more from its support level.
Will it go $2,000, $200,000 or $2 trillion? I don’t know. But if you have money printing in the world, then the price will over time rise. It will go up more for things that you just can’t increase the supply, and the supply of precious metals is very limited.
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.
