Marc Faber : “$1300. Nobody knows for sure but I think the fundamentals for gold are
still intact. I would like to make one additional comment. Today we have
commodities breaking down including gold. At the same time we have
bonds rallying very strongly. If you stand aside and you look at these
two events, it would suggest that they are strongly deflationary
pressures in the system. If that was the case, I wouldn’t buy stocks or
sovereign bonds because the stock market would be hit by disappointing
profits if there was a deflationary environment.” - in Bloomberg
Click here to watch the full interview>>>>>>>
LinkWithin
