Tuesday, July 16, 2013

Marc Faber says to invest in gold disciplined approach

I have a disciplined approach to my asset allocation, whereby I would not invest more than 20-25% in gold.

I have repeatedly stated that I will buy gold. I expected this correction and I would buy gold at $1300 an ounce and then at $1200 an ounce and then at $1100 an ounce. But

Wednesday, July 10, 2013

Marc Faber says "I keep buying gold regularly"

Dr Marc Faber is a buyer of gold and suggests that Gold is a bargain at current levels.

"It is possible Gold goes somewhat lower, but having declined from $1921 to $1232, I think gold is now at a reasonable level and I keep buying gold regularly. I have faith that eventually Gold prices will be higher."

Tuesday, July 2, 2013

Gloom Boom Doom Report July 2013

The current mantra of “selling” emerging markets and “buying” the US is likely to disappoint even if the US stock market continues to outperform. After all, the out performance may arise from US equities declining less than emerging stock markets. In this context, I should like to point out that the late May/June sell-off has been extremely benign by historical standards and that far more downside volatility is likely to occur in the months ahead.

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