"I recommend everyone to have some cash and some in gold. Real gold, " Marc Faber told Norwegian DN TV.
He seems also recommend learning more about farming.
- Stock up on a farm in northern Norway and learn to drive a tractor. No one bothered to bomb in northern Norway, "he said.
He justifies this somewhat surprising investment tip that the world is going to become increasingly restless, when China and Russia on the one hand, and the U.S. on the other hand, will compete for oil in the Middle East.
Gold and farming
Marc Faber investment tips
For those who want a little more serious tips Faber has the following list of sandwiches:
- Avoid the estate in the financial center
- Buy shares in Asia
- Buy health industry
- Buy local brands
- Buy ingredients
- Buy tourism
- Buy finance in emerging economies
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
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