Gold is a safe investment for worst case scenario

At an event hosted by Evli Bank - Helsinki, Marc Faber spoke favorably about gold. In the worst case scenario, in the systemic failure that I expect, Gold would still have some value. When “the system goes down and only plastic credit cards are left, maybe then people will realize and go back to some gold-based system or such. He added that he was so hyper bearish of your outlook and added, "Sometimes I’m so concerned about the world I want to jump out of the window.” Marc Faber is a famous contrarian investor and the publisher of the Gloom Boom & Doom Report newsletter.

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