31 August, 2011

Under Stagflation Or Deflationary Recession Precious Metals Should Continue To Perform Better Than Financial Assets

Therefore, under both scenarios – stagflation or deflationary recession – gold, gold equities, and other precious metals should continue to perform better than financial assets. - in Resource Investor

Tickers: SPDR Gold ETF (GLD), IShares Silver ETF (SLV), Newmont Mining (NME), Novagold (NG), Barrick Gold (ABX), Goldcorp (GG), Hecla Mining (HL)

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