24 September, 2011

I Am Not Selling My Gold

I am not selling my gold because in the long run, the Federal Reserve will print money. As soon as markets in the world are down another 10-20%, as soon as asset prices go down and the economy is weak, everybody will applaud the Federal Reserve if they print money. - in Economic Times

Related: SPDR Gold ETF (GLD)

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