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Saturday, September 3, 2011

Gold is worth its weight

Marc Faber : “The function of paper money is to facilitate the exchange of goods and services, to be a store of value and a unit of account — the U.S. dollar fails on all three,” . “Intelligent people, instead of holding cash in U.S. dollars with zero interest rates, why not hold money in gold and silver?” “Physical gold in a safe deposit box is the safest,” “Forget about huge capital gains. I would look at capital preservation. I want to preserve my capital.




Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
MARC FABER BLOG

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