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
Sunday, July 3, 2016
Paper Currencies are going to become Worthless
"They are going to become worthless because of money printing. In other words, the purchasing power is going to continue to diminish as it has diminished for the last hundred years," Faber, known as Dr. Doom, said in an interview with CNBC's "Power Lunch" Friday
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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