01 November, 2010

The Bull Market In Precious Metals Will Continue As Long As The US Has Negative Interest Rates

"All investors should own some gold and silver. Right now, Faber thinks silver could provide a better return than gold and could reach 30 USD. This would be especially true under a crack-up doom scenario where industrial metals like silver and palladium would soar because of strong demand. The bull market in precious metals will continue as long as the US has negative real interest rates. Finally, Faber likes gold and silver stocks."

in www.istockanalyst.com

Related ETFs: iShares Silver Trust (ETF) (NYSE:SLV) , SPDR Gold Trust (ETF) (NYSE:GLD) and Market Vectors Gold Miners ETF (NYSE:GDX)

Related stocks: Newmont Mining Corporation (NYSE:NEM), AngloGold Ashanti Limited (ADR) (NYSE:AU), Harmony Gold Mining Co. (ADR) (NYSE:HMY), Randgold Resources Ltd. (ADR) (NASDAQ:GOLD), Barrick Gold Corporation (USA) (NYSE:ABX), NovaGold Resources Inc. (USA) (AMEX:NG)

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.