Sunday, April 10, 2011

Marc Faber : Gold is still underowned

Marc Faber on Goldseek Radio - April 6, 2011




Yemen could become a trouble spot says Dr. Marc Faber : ...I think that the civil war in Libya can escalate because who knows may somebody around the world will support Gaddafi it's not Cristal clear that he will be all the time by himself secondly and more worrisome is probably Yemen where you have essentially a vicious leader as bad as Gaddafi and you have an opposition that is hostile to both the US and Saudi Arabia and that could become a trouble spot because strategically Yemen is of course much more important than say Libya .."

Natural gas price are very depressed right now says Marc Faber ...investors should gradually and every month buy some gold but it may also probably undergo a correction at some point ...Gold is still under owned it is not in a bubble ....

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