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Marc Faber Warns "Gold Will Be The Most Desirable Currency" As 'Terror' Spreads
03-27-2016, 09:40 PM,
#1
Marc Faber Warns "Gold Will Be The Most Desirable Currency" As 'Terror' Spreads
Marc Faber Warns "Gold Will Be The Most Desirable Currency" As 'Terror' Spreads

<p><span style="text-decoration: underline;"><em><strong>"Overall, I’d be rather cautious about investments in equities..."&nbsp; </strong></em></span>the editor and publisher of the Gloom, Boom &amp; Doom report told CNBC's "Fast Money" traders this week.</p> <p>However, <em><strong>"over the last 12 to 24 months, many sectors have had huge declines,...</strong></em>And I see here, there are some opportunities." </p> <p><span style="text-decoration: underline;"><em><strong>"...US markets are over-valued."</strong></em></span></p> <p>Faber also added that<em><strong> "I still think the mining sector has embarked on a new bull market."</strong></em></p> <p><strong>"[The U.S. dollar] is not a desirable currency,"</strong> Faber explains, <span style="text-decoration: underline;"><strong><em>"I think the most desirable currency will be gold, silver, platinum and palladium."</em></strong></span></p> <p><strong><em>"I don't understand why the world is so enthusiastic about the US Dollar...in the long-run the US dollar will be a weak currency."<br /></em></strong></p> <p>Full interview below:</p> <p><iframe src="http://player.cnbc.com/p/gZWlPC/cnbc_global?playertype=synd&amp;byGuid=3000503447&amp;size=530_298" width="530" height="298"></iframe></p> <div class="field field-type-filefield field-field-image-teaser"> <div class="field-items"> <div class="field-item odd"> <img class="imagefield imagefield-field_image_teaser" width="209" height="165" alt="" src="http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/20160327_faber.jpg?1459116923" /> </div> </div> </div><br clear='all'/><br/><br/><a href="http://rc.feedsportal.com/r/247396083182/u/49/f/645423/c/34894/s/4e8b8fb6/sc/24/rc/1/rc.htm" rel="nofollow"><img src="http://rc.feedsportal.com/r/247396083182/u/49/f/645423/c/34894/s/4e8b8fb6/sc/24/rc/1/rc.img" border="0"/></a><br/><br/><a href="http://rc.feedsportal.com/r/247396083182/u/49/f/645423/c/34894/s/4e8b8fb6/sc/24/rc/2/rc.htm" rel="nofollow"><img src="http://rc.feedsportal.com/r/247396083182/u/49/f/645423/c/34894/s/4e8b8fb6/sc/24/rc/2/rc.img" border="0"/></a><br/><br/><a href="http://rc.feedsportal.com/r/247396083182/u/49/f/645423/c/34894/s/4e8b8fb6/sc/24/rc/3/rc.htm" rel="nofollow"><img src="http://rc.feedsportal.com/r/247396083182/u/49/f/645423/c/34894/s/4e8b8fb6/sc/24/rc/3/rc.img" border="0"/></a><br/><br/><a href="http://da.feedsportal.com/r/247396083182/u/49/f/645423/c/34894/s/4e8b8fb6/sc/24/a2.htm"><img src="http://da.feedsportal.com/r/247396083182/u/49/f/645423/c/34894/s/4e8b8fb6/sc/24/a2.img" border="0"/></a><img width="1" height="1" src="http://pi.feedsportal.com/r/247396083182/u/49/f/645423/c/34894/s/4e8b8fb6/sc/24/a2t.img" border="0"/><img width='1' height='1' src='http://zerohedge.feedsportal.com/c/34894/f/645423/s/4e8b8fb6/sc/24/mf.gif' border='0'/><img src="http://feeds.feedburner.com/~r/zerohedge/feed/~4/qiXzvpbzP1E" height="1" width="1" alt=""/>

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