Marc Faber on CNBC India, October 1, 2009
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GREAT VIDEO! Thanks for sharing!
Happy Trading!
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A company that is producing gold and silver profitably right now is not going out of business. Remember you want to buy something to sell it later on.
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unless you have the physical item, then you have a piece of paper and your company could go out of business. They only have 1% reserves. If people strart pulling out thier gold. Then you end up with a piece of paper.
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Hey Dr. Faber you look so tired, were you out on your Bike last night chasing babes? Oh how I love reading about your BBB (Beer, Bikes & Babes) article:-):-)
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I believe its gonna be 6 months... most likely start of next quarter
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It won't be a crisis for those who own gold and silver stocks.
EXCLUVELY4HOTGEEKS 2 years ago 4
Yes, the big crisis is ahead. Definitely. I predict it'll be within a year... (Though I really secretly believe it'll be within 6 months.)
LisaJ4Liberty 2 years ago 4