Friday, August 02, 2013

Market Guru - Faber Bets Big On Gold



"Investment Guru Marc Faber says he wants to have 25% of his assets in gold and own assets that are not linked to the vulnerable financial markets. "The continuing credit debt crisis will eventually lead to a sovereign wealth crisis," he says. He also foresees a rise in oil prices on the back of Middle East problems and higher China demand."


Alasdair Macleod: "1300 tonnes of gold missing from the Bank of England?" GATA seeks answers.

"Alasdair Macleod talks with Max Keiser from 13.00 about Gold market, GOFO and questions whether "1300 tonnes of gold missing from the Bank of England?" If it is true, this gold was used to suppress the Gold price during the recent Special OP: Gold Wash Out. The record low COMEX Gold is indicating the Bear Squeeze in Gold coming to the market."
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