06 September, 2011

I Don`t Think Gold Is In A Bubble

“I don’t think that gold is in a bubble. When you buy gold, it’s an insurance against systematic failure and problems in the financial markets. - in a phone interview yesterday from Chiang Mai, Thailand

Related: SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), Anglo Gold (AU), Kinross Gold (KGC)

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