There’s no other way out but to print money. In the long run, all paper money will go exactly to its intrinsic value, which is zero.
in a Seoul Forum, June 9
Related assets: Market Vectors Gold Miners ETF (Public, NYSE:GDX), SPDR Gold Trust (ETF) (Public, NYSE:GLD), iShares Silver Trust (ETF) (Public, NYSE:SLV)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
