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Monday, January 19, 2015

Gold can go up big in 2015 if central banks collapse

My belief is that the big surprise this year is that investor confidence in central banks collapses. And when that happens — I can't short central banks, although I'd really like to, and the only way to short them, is to go long gold, silver and platinum. That’s the only way. That’s something I will do I'm positive gold will go up substantially [in 2015]... say 30 per cent.

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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