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Monday, June 24, 2013
MARC FABER : GOLD a possible canary in the Deflation coalmine
Marc Faber told MarketWatch in an email “Maybe gold is signaling a deflationary collapse of all asset prices. If this were indeed the case I suppose I would rather own gold than government bonds, high yield bonds and equities. If this scenario were to pass it would lead to even more money printing around the world,” says Faber, who was talking about asset price deflation and gold back in March.- in MarketWatch