| Investors who favor gold have provided many reasons for gold's nearly 30 percent decline in 2013 and overall demolition since it hit $1,934 in September 2011. But on CNBC's "Futures Now," noted investor Marc Faber provided an especially interesting one.
Investors are shunning gold "because the media doesn't like gold," Faber said by phone Tuesday from Thailand. "Nobody at CNBC owns gold. Nobody at Bloomberg owns gold. Gold is being constantly talked down by the media, and Fed officials, and economists, who also don't own any gold. They're all stocked up in equities."..............................................Full Article: Source
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