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Friday, December 27, 2013

Gold shares could go up 30 percent in 2014

Given all the money printing that is going on globally . . . and given that the total credit as a percentage of the advanced economies is now 30% higher than in Year 2007 before the crisis hit, I think Gold is good insurance. I think Gold shares are very inexpensive. So a basket of Gold shares I think next year could easily appreciate 30 percent.

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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