In my view the downside exists if money printing by government is insufficient to revive or maintain credit growth at this level and you have a credit collapse.
One day there will be a credit collapse, but I think we aren’t yet there. Before it happens they’re going to print. - in etfdailynews.com
Related: SPDR Gold Trust ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
