16.04.2014 - Dr. Doom is calling for an economic crash — How will precious metals be affected?
Apocalyptic predictions are usually the stuff of TV shows like "The Walking Dead," but last week Marc Faber, a noted contrarian investor and publisher of the Gloom, Boom & Doom Report, made one of his own. Faber, often not-so-affectionately called "Doctor Doom," said Thursday on CNBC's Futures Now program that the stock market is headed for a crash worse than the one seen in 1987. "I think it's very likely that we're seeing, in the next 12 months, an '87-type of crash," he commented. "And I suspect it will be even worse."..............................................Full Article: Source
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