Tuesday, May 7, 2013

Marc Faber : In The Deflationary Shock that we have , the last thing you should own are Paper Assets

Marc Faber : “I think maybe…the collapse in gold prices recently, and the very strong performance in U.S. Treasuries…is signaling that a deflationary shock, in spite of all the money printing, is still a possibility…I would say if you had a deflationary shock, about the last thing you should own are paper assets…But I think if the markets collapse…physical gold may be the [right] place to be relatively speaking.” - in bullmarketthinking

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