Marc Faber comments on the new all-time record highs for gold

Goldseek Radio, Released on 4/5/24 (Recorded on 4/3/24)

– Dr. Faber expects gold could climb to $2,500.
– When adjusted for fiat schemes, Dr. Faber thinks gold is worth seven digits!
– Gold remains the ideal store of value, when compared to paper assets.
– While fiat money can be diluted through profligacy, gold requires enormous effort to produce.
– Dr. Faber urges every individual to seize sovereignty, via PMs ownership.
– Will Fed Rates be used as a political weapon in the upcoming domestic election?
– Is the gold break-out emblematic of the long-anticipated, fiat money, end-game?
– Dr. Faber owns 25% of his investment portfolio in gold.
– Gold indexes may be poised for spectacular gains, notes out guest.
– Gold shares may represent relative bargains to the typical S&P stock.
– Dr. Faber’s which oil shares he currently holds.
– Are Hong Kong shares nearing a buying nadir?

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.

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