Monday, February 20, 2012

Marc Faber : Platinum a better Buy than Gold right Now but I stick to Gold

Marc Faber : right now I think that Platinum from a timing perspective is a better buy than Gold because it sells at a discount to gold , but in some countries you have to pay sales taxes on Platinum whereas you do not pay sales taxes on gold and so on and so forth , so you have to check what's the tax status is , I just stick more or less to Gold , I have a lot of friends who are much more positive about silver than gold but I keep my gold in safe deposit boxes they would not be big enough for the silver - in Stansberry Radio
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Dr. Marc Faber Tomorrow's Gold





Dr. Marc Faber author of the Gloom, Boom and Doom report is a world class Investor, Doctor Faber 's typically controversial and contrarian views have earned him the label of Dr. Doom. Doctor Doom also trades currencies and commodity futures like Gold Natural Gas and Crude Oil.Even his harshest critics must admit that he's been unerringly correct in his market forecasts over the past three decades
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.