Marc Faber : Gold Price already Hit Bottom
Marc Faber : "I'm not sure that Gold
will not make a new high this year, but I think we've bottomed out and
some gold mining shares have become very very inexpensive compared to
the reserves they have.
And i think that in the current environment where it is clear that the
worse the economy becomes the more the money printers will be at work,
that to own a currency whose supply can not be increased at the will of
some clowns that occupy the central banks is a desirable investment."
- in Bloomberg TV
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