Marc Faber News Blog Investments and Trading Ideas - A Tracking Blog About Dr. Gloom Boom & Doom Marc Faber , Daily Tracking of Dr. Marc Faber Investment Strategy , Market analysis , Outlook & Media appearances
Friday, July 1, 2016
Every Investor should have some Cash & Gold
“Is gold near term overbought? Yes, it is,” Faber said. “But longer term, I think every investor should have some cash, which he would keep in yen or in dollars or in euros, and should have some of this cash in gold.”
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.
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