Governments To Seize People’s Gold - Marc Faber
King World News
While the world continues to watch the dramatic Greek crisis unfold as well as the increased fighting in Ukraine, today legendary Marc Faber warned King World News that governments are going to seize people’s gold. Faber also described exactly why governments are going to seize the gold from private holders.
Eric King: “Obviously we had the overnight revaluation of the Swiss franc that led to so much chaos. You have already said you think gold is going to have a strong 2015, but are we going to wake up one day and have a massive revaluation of gold? Is that coming at some point?”
Marc Faber: “Yes. But I think before it will happen the central banks and the governments will try to take the gold away from ordinary people. You understand? (Laughter)….
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