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
Click here to watch the full interview>>>>

Investing in Russia

Marc Faber : I was a founder of the second Russian fund , with my partners and then they wanted me to sell out in 97 so I sold , I have from time to time investments in Russia and I own some bonds of Russian companies " and regarding the yields he is getting on those Marc Faber explains " well it depends on when you bought them , but in general my bond portfolio in Russian bonds has may be a yield of 7-8 percent something like this " - in Stansberry Radio interview

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