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Friday, February 14, 2014

Marc Faber would rather own gold, silver, platinum to bitcoin


I prefer physical gold, silver, platinum to Bitcoin. Bitcoin can have a lot of competition. Gold, silver, platinum dont have any competition. How do you value a bitcoin ?
I can value Gold to some extent to say Gold to the quantity of money floating around the world, the wealth increase, to the credit increase, to the production costs, so I have any idea of where Gold should be. I'm not sure because prices overshoot.


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

Be afraid of big corporations and government


The big corporations and specially money printers are the most powerful people in the world. They control the governments.
The US treasury, Federal reserve and the government is one and the same. The Fed finances the treasury, so they can goto war. Then they finance transfer payments essentially to buy votes so they can get elected.


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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