Marc Faber : the Euro and the US Dollar are both Sick currencies

Marc Faber : when Investors are going to realize that fiscal deficits are not going to come down that they'll stay very high , when they also see that one state after another is essentially bust like California and Illinois and when they see that monetization will become inevitable in the long run I think at that point the dollar will be weak but do not forget it may not necessarily have to be weak against the Euro both currencies are sick and so both could go down and ultimately you just have one or two sound currencies notably precious metals and I think the Asian currencies will also appreciates against the Euro and the US Dollar but notably precious metals will then be strong " -in Bloomberg

Marc Faber: most currencies are equally as bad as the US Dollar

Marc Faber: Bullish on Gold, Silver

Marc Faber, contrarian investor and editor and publisher of the Gloom Boom and Doom Report and managing director of Marc Faber Ltd., says (at the 2010 Barron's Art of Successful Investing conference) that gold and silver should continue to shine.Marc Faber: most currencies are equally as bad as the US Dollar

MARC FABER – ALL CURRENCIES ARE DOOMED

“All governments will eventually have to be bailed out in the Western world. It’s either going to be through money printing or default.”
in Bloomberg

Marc Faber buy Gold Dump All paper Currencies

Marc Faber : Dump paper currencies, buy gold

"All paper currencies will continue to lose their purchasing power as they have over the last 100 years or so," investment guru Marc Faber, told the Financial Times in Hong Kong last week.

"I suggest that people accumulate gold. They shouldn't market-time the Gold Price, because we're going to have volatility...But I will not sell my gold, not for as long as [the current US administration] is structuring fiscal, monetary and foreign policies."

"In the US, I don't think we will have real [positive] interest rates at any time in the next 10 years."

Via Commodityonline