At an event hosted by Evli Bank - Helsinki, Marc Faber spoke favorably about gold.
In the worst case scenario, in the systemic failure that I expect, Gold would still have some value.
When “the system goes down and only plastic credit cards are left, maybe then people will realize and go back to some gold-based system or such.
He added that he was so hyper bearish of your outlook and added, "Sometimes I’m so concerned about the world I want to jump out of the window.”
Marc Faber is a famous contrarian investor and the publisher of the Gloom Boom & Doom Report newsletter.