Own physical gold, not gold papers.

On gold and silver, I think people should have 20 per cent of their money in physical gold, not gold papers. I would put the gold bars into deposit boxes at banks. Don't speculate but buy regularly and keep them safe. We live in a volatile period. Gold is not like other commodities, it's the only honest currency when paper currencies are not.

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