Many people think that gold is in a bubble. That is not my impression.
Last week I was in Taiwan and later I was in South Korea. I gave a two conference presentations, and I asked the audience, "How many of you own gold?"
In Taiwan I think there was one participant that owned some gold and in Korea in a room with maybe one thousand people, not a single person owned gold.
ETfs, SPDR Gold Trust ETF (GLD)
Stocks, Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
