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?.
