“The dip in gold price is a correction and this should be taken as a great buying opportunity...the weakness that gold has shown recently is no reason for investors to get out of gold investments. I still believe gold should continue to be part of every investor’s wise investment portfolio.
There is no doubt the printing of money from central banks around the world is generating inflation, and it will increase going forward. That alone is a good enough reason to have gold in your investment portfolio. Gold remains the best bet as a currency these days because of the fact that the yellow metal supply is extremely limited.”
in Decoding Wall Street
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.
