Fri, Sep 19, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

I’m still buying gold, and I will never sell my gold: Marc Faber

Posted on 07 May 2013

Behind the recent gold crash is no central bank manipulation, at least that is what one can gather from the words of the contrarian investor and the author of ‘The Gloom, Boom, & Doom report’, Marc Faber.
He knows that central banks in Asia are grossly underweight when it comes to gold. And the central banks in Western nations hold substantial quantity of gold. “So why would they depress the price of gold [as] a gift to the Asian central banks, to be able to buy [it] at a lower price? That I don’t [understand] entirely,” he said……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 37015 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930