Marc Faber says he holds more gold than any other investment class!

Dr. Marc Faber, editor of the Gloom, Boom, Doom Report, says he holds more gold than any other investment class!

– Dr. Faber prefers gold, noting it holds its purchasing power better than alternatives.
– Gold protects investors against inflation from fiscal and monetary policies.
– Gold shares and gold mining companies are relative values compared to bullion.
– Dr. Faber reviews the chart of crude oil energy shares – competitive yields.
– International markets Dr. Faber likes as turn-around candidates: Hong-Kong, Pakistan, Brazil, Uzbekistan and Iraq.

Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In 1990, he set up his own business, Marc Faber Limited which acts as an investment advisor and fund manager. Dr. Faber publishes a widely read monthly investment newsletter, “The Gloom Boom & Doom Report,” which highlights unusual investment opportunities, and is the author of several books including Tomorrow’s Gold: Asia’s age of discovery which was a best seller on Amazon. Dr. Faber is known for his “contrarian” investment approach and charismatic personality. He became infamous after calling the 1987 crash in US equities.

gold, investing