04 March, 2010

Paper Currencies Will Depreciate Against Gold

"The dollar and the euro have been weak against gold. We are now at USD 1,138 per ounce and that against gold all paper currencies will continue to depreciate over time."

in CNBC India

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.