01.11.2011 - "Allocate 25pct to gold bullion", says Faber
A renowned contrarian investor has said investors should allocate a quarter of their portfolios to Gold Bullion. Unprecedented levels of borrowing will leave governments with no choice but to monetize their debts – in effect printing money – according to Marc Faber, publisher of the Gloom Boom & Doom Report. "The best thing an individual investor can do right now is to hold 25% of his assets in equities, 25% in real estate, 25% in gold, and 25% in cash," said Faber last week. "If equities, real estate, or gold drop another 10% to 20%, put more cash in."..............................................Full Article: Source
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