16 September, 2011

I Could Make The Case That Gold Is Cheaper Now Than When It Was At 300 Dollars Per Ounce

In fact, I could make an analysis to show that the price of gold today is probably cheaper than when it was 300 dollars per ounce based on the increase in government debt, based on the increase in monetary base in the United States and based on the expansion of wealth in Asia. - in Beacon Equity

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