Marc Faber on The Financial Sense Newshour with Jim Puplava 20 February 2010

Marc Faber : "As long as we have academics like Larry Summers, Ben Bernanke and Tim Geithner running the economic policies in the United States - as long as you have these people - I will never sell my gold and I continue to recommend people not to be market timers in gold because the market timers in gold... most of them don't own any gold anymore; they already sold it and are always waiting for a deep enough correction to buy it. What people should do is gradually accumulate gold and forget about temporary fluctuations."

Dr. Marc Faber also known as Dr Doom is an investment adviser, investment analyst and fund manager author and publisher of the Gloom Boom & Doom Report ,and the author of "Tomorrows Gold" . Dr Faber is known for his contrarian investment approach. Dr Marc Faber is associated with a variety of funds and is a member of the Board of Directors of numerous companies.
In 1987 he warned his clients to cash out before Black Monday on Wall Street. He made them handsome profits by forecasting the burst in the Japanese Bubble in 1990. He correctly predicted the collapse in US gaming stocks in 1993; and he foresaw the Asia-Pacific financial crisis of 1997/98 and the resulting global volatility. Dr Doom motto is "Follow the course opposite to custom and you will almost be right"
Mr. Faber is also the author of several books, including Tomorrow’s Gold – Asia’s Age of Discovery, and is a director of Ivanhoe Mines Ltd. , a mining firm focused on the Asia Pacific region. He is also an adviser to a number of private investment funds.