Marc Faber 2015 Predictions – Expect Volatility and Surprises in 2015 1/12/2015 (Video)

Marc Faber, editor and publisher of The Gloom, Boom & Doom Report has long been an advocate of owning physical gold. Let’s see what he is forecasting for 2015 in terms of the economy and the gold price. In the video at Right.is , Marc Faber shares his gold prediction for 2015 by discussing whether gold will dip below $1,000. He also discusses whether owning physical bullion or gold mining shares is a better investment for 2015.With the slowing world economy that has led to a slowdown in oil demand, what do you think is the long-term future of oil? Likewise, if oil prices rise again, would you recommend buying Russian oil stocks?

Marc Faber: Well, my view is that there are many explanations for the weakness in oil, including some theories that Saudi Arabia wanted to weaken Russia or the shale oil production in the US or Iran, and so forth. But my view is that the decline and sharp decline in oil prices signals a weakening global economy.

Now, in the last few days, I received many reports by brokerage firms and banks, and so forth. They all think that next year the economy in the world will be stronger than in 2014. This would not be my view. Reason A, the low yields on government bonds, that would seem to suggest to me that there are still some growth issues in the global economy, and the sharp fall in the industrial commodity prices would also suggest to me that the economy will be weaker than expected.

Read More ans Watch the Video at http://right.is/economics/2015/01/marc-faber-2015-predictions-expect-volatility-and-surprises-in-2015-1122015-video-42.html

Marc Faber is sensible about not trying to keep gold or silver in America, confiscation laws are forthcoming and if you posess gold or silver you will be deemed a criminal. In other words any savings and assets will turn out to be property of the State. Unless of course you are currently rich you will be protected.The American people are to soft to to protect against their assets being taken by government and almost all our politicians are owned by banks and corporations just like the SCOTUS.. Be AWARE and be Prepared. Fear is NOT an option…