Marc Faber: Gold, Silver prices to soar in 2011

LONDON (Commodity Online): Global investing legend Marc Faber says exposure of investors to gold and silver compared to other commodities is very low. Therefore, price of gold and silver can go to higher levels in 2011 thanks to the low investor base for these precious metals.

Faber who is the publisher and editor of the famous Gloom, Boom, and Doom report, says gold and silver continue to be under-owned, despite the fact that the prices of these two precious metals have been zooming in the last one year.

Here is Faber’s outlook for 2011 on gold, silver, other commodities, emerging markets, bonds and equity markets:
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