Marc Faber: Gold Will Rise 30% In 2015
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Prepare for the greatest transfer of wealth. Buy physical silver and storable food.
Marc Faber recently spoke at a Societe Generale’s global strategy presentation and made some interesting forecasts about gold and central banks in 2015. Visit http://DailySilverupdate.com for more.
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“I’m positive that gold will go up substantially in 2015 — say 30%”
“My belief is that the big surprise this year is that investor confidence in central banks collapses.”
“And when that happens — I can’t short central banks, although I’d really like to, and the only way to short them is to go long gold, silver and platinum”
“We simply have highly inflated asset markets. Real estate is high, stocks are high, bonds are high, art prices are high, and interest rates and short-term deposits are basically zero,” Faber said. “The only sector that I think is very inexpensive is precious metals, and in particularly precious-metals stocks.”
Do you agree with Marc Faber’s forecast that gold could rise 30% in 2015? Leave a comment below.
Source: http://silveristhenew.com/2015/01/13/marc-faber-gold-will-rise-30-in-2015/
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