Monday, September 26, 2011

Marc Faber CNBC Video Interview - 26 Sept 2011

Legendary investor Marc Faber, author editor and publisher of the Gloom, Boom and Doom Report, was this morning on CNBC , he talked about the outlook for the Gold market and how he thinks gold price will continue to fall to as low as $1100/oz by the end of the ongoing sell-off he also announced that he is looking to increase his equity exposure and he thinks that gold at this level is quite oversold and that he considers buying some gold in the next two days


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Dr. Marc Faber Tomorrow's Gold







Dr Marc Faber was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna cum laude. Between 1970 and 1978, Dr Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In June 1990, he set up his own business, which acts as an investment advisor and fund manager.