25 February, 2011

Not To Own Any Gold Is To Trust The U.S. Government

“The only true currencies that exist today are gold, silver, platinum, and palladium. Not to own any gold is to trust the U.S. government, trust that they will ever balance the budget again.” - in Beacon Equity

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

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