Marc Faber: Why I am bullish on gold

An assortment of United States coins, includin...

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From www.commodityonline.com

Noted global economic analyst and investor Marc Faber says gold is the best investment among commodities and there is no harm in investors amassing the yellow metal even at these high prices.

In his latest June outlook on the global economy, Faber asked investors to stay away from industrial commodities. “Global growth is slowing, which means weaker demand and lower prices for industrial commodities,” he said.

Faber who publishes the widely circulated Gloom, Boom, and Doom Report said that he still likes gold and recommends a gradual accumulation despite market fluctuations.

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About 3xG Admin

I am interested in Gold, Silver, Energy, Geopolitics, Economics, Religion, Demography, History, Complex systems, Critical theory, Antipositivism, Sociology of knowledge and Chaos theory.
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