Open menu Close menu Menu
Open charts menu Close charts menu Charts

Call us: 0121 634 8060, 7 days, 7am - 10pm

Free Insured Next Day Delivery

Ounce Gram
Gold £1246.99 £40.092
Silver £14.255 £0.4583

Updated 23:02 19/02/20

£ $

Marc Faber: Gold one of the few cheap assets


Victoria Hewitt-Marsh, News Editor
5 Mar 2014, 11:24 a.m.

Marc Faber, one of the few investors recommending gold in 1999, believes gold is one of the few cheap assets left, especially when compared to real estate, equities, bonds and collectables.

In an interview with Sprott Global Resource, Faber senses that the current price correction in gold is over and that there has been manipulation in the market. When discussing China, Faber believes a recession in China and a weakening of the Yuan would cause Chinese consumers to redirect their savings in physical gold.

In an interesting interview, Faber also discusses the geopolitical tensions in Asia and the current state of the US equity markets.

View original source at: goldsilverworlds.com

comments powered by Disqus