Whereas a gold price break is not necessarily my forecast I am warning investors that a more meaningful correction is a distinct possibility.
And why could gold correct? As just mentioned, the bullish consensus among investors is for my taste too high and the deflationists seem to have currently the upper hand.
in GBD
Related: SPDR Gold Trust (ETF) (Public, NYSE:GLD), Market Vectors Gold Miners ETF (Public, NYSE:GDX), Barrick Gold Corporation (USA) (Public, NYSE:ABX), NovaGold Resources Inc. (USA) (Public, AMEX:NG)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
