“Well I think investors are gradually realizing that it’s unusual, with all of the problems in Europe that the euro is actually relatively strong against the U.S. dollar. They are realizing U.S. holders don’t want to hold euros because they don’t trust the euro and the Europeans don’t want to hold dollars because they don’t trust the dollar.” - in BeaconEquity
Related: SPDR Gold ETF (GLD), IShares Silver ETF (SLV)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
