Gold forecast (Marc Faber): physical gold is a must have in every individual investor’s portfolio

Marc Faber remains bullish on precious metals.
Faber told Economic Times on December 4   2012 that “We are in an environment where in the long run, a lot of sovereign debts will either not be paid or will have to be inflated away. So owning some physical gold is a prudent insurance. I am specifying here ‘physical gold’ because one wants to protect oneself as an investor for the potential of a systemic collapse of the financial system. Marc Faber  also believes that Obama re-election means ‘Perfect Storm’ for gold.
Gold forecast for today: Is it the right time to buy?.

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