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Wednesday, November 21, 2012

You Don't Become Rich By Consuming

You don't become rich by consuming. You need capital formation. Unlike investing in a factory to earn profits and repay your loan, consumer credit is totally different. You spend it once, and you have merely advanced expenditure from the future. - in Gold Seek

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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