15.01.2015 - Marc Faber's Big Bet: Gold to Rise 30% in 2015
Famed investor Marc Faber, famously known as "Dr Doom" for correctly forecasting market crashes and for having a perennially bearish outlook, expects gold prices to rise by 30 per cent in 2015. In Indian rupee, gold could surge from Rs. 27,000 to Rs. 35,000 per 10 gram, without adjusting for exchange rate and duties, if his forecast comes true. "I'm positive that gold will go up substantially (in 2015) say 30 per cent," Market Watch quoted Dr Faber as saying at Societe Generale's global strategy presentation in London on Tuesday...............................................Full Article: Source
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