Thursday, November 12, 2009

Gold Price Won’t Drop Below $1,000 an Ounce Again, Faber Says

Nov. 11 (Bloomberg) -- Gold won’t fall below $1,000 an ounce again after rising 27 percent this year to a record as central banks print money to help fund budget deficits, said Marc Faber, publisher of the Gloom, Boom & Doom report.
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