Mar. 16 2009
When the global recovery begins, it will propel commodity prices sharply higher, believes Marc Faber, editor & publisher of The Gloom, Boom & Doom Report. He explains his bullish outlook on resources, with CNBC’s Sri Jegarajah.
gold can have it’s … gold can have it’s price arbitrarily set by a new hegemonic currency too. Say 200 $ gold 5 $ silver
Don’t think they are not thinking about this either
bullion can be confiscated also.
They are looking in every crack to find money ,no place is safe in times like this.
sure buy gold and silver but remember gold is not going to save you should the worse situation arise
So be sure to have food stock piled and heirloom seeds as well.
Mar. 16 2009
3 Responses to “Dr Gloom’s Take on Commodities”
Gold will never be …
Comment made on June 22nd, 2009 at 4:31 amGold will never be devalued dave. The United States owns the most gold.
gold can have it’s …
Comment made on June 22nd, 2009 at 4:31 amgold can have it’s price arbitrarily set by a new hegemonic currency too. Say 200 $ gold 5 $ silver
Don’t think they are not thinking about this either
bullion can be confiscated also.
They are looking in every crack to find money ,no place is safe in times like this.
sure buy gold and silver but remember gold is not going to save you should the worse situation arise
So be sure to have food stock piled and heirloom seeds as well.
Good points dave. History has seen it before.
Comment made on June 22nd, 2009 at 7:24 pmLeave a Comment