Marc Faber :The Great 2010 Gold Rush
Doctor Marc Faber the publisher of the Gloom, Boom & Doom report is convinced that eventually the United States of America and with it all western economies will go bankrupt and that ultimately they might go to war , but before they will go bust they will continue to print paper money as fast as they can , so Faber advices to seek refuge in Gold and to buy even small quantities each month , the fiat currencies are doomed to collapse sooner or later...
Marc Faber “I am convinced that the U.S. government will go bankrupt, but not tomorrow, and before they go bankrupt they’ll print money, and then you get very high inflation rate, then you get depression with high inflation and eventually they’ll go to war.”
“The obligations of Western governments are far too high. They won’t be able to pay.”
"I’m not saying that the dollar will go straight away down because other currencies like the euro are even worse at the present time. But eventually if you print money, the purchasing power will lose value."
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