I have no faith in Paper Money, period

 “I have no faith in paper money, period. Next, insider buying is also high in gold shares. Gold has massively underperformed relative to the S&P 500 and the Russell 2000. Maybe the price will go down some from here, but individual investors and my fellow panelists and Barron's editors ought to own some gold.” - in fxstreet.com



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.

Marc Faber all paper money will go to Zero

“There’s no other way out but to print money,”  “In the long run, all paper money will go exactly to its intrinsic value, which is zero.”  Marc Faber, the publisher of the Gloom, Boom & Doom report, said at a forum in Seoul

Marc Faber : All paper money will go to its intrinsic value, which is zero

Marc Faber the publisher of the Gloom, Boom & Doom report, said at a forum in Seoul on last June that cash and bonds will be “very dangerous” in the next 10 years as governments increase money supply to cover fiscal deficits “There’s no other way out but to print money,” . “In the long run, all paper money will go exactly to its intrinsic value, which is zero.” Marc Faber as usual advised investors to protect themselves with assets such as gold and silver.
via www.economictimes.indiatimes.com