Thread: Marc Faber: Don’t Store Your Gold In The United States

Marc Faber: don’t store your gold in the United States

by Simon Black
August 25, 2011
Zell am See, Austria
Video at the Link:
Several links on this post

As usual, the CNBC hosts were completely dumbfounded.

Phoning in from Sao Paulo, Brazil, investment guru Marc Faber was a guest on CNBC last week, once again telling the unvarnished truth about the state of the world economy and bankrupt western nations.

This time, Faber had a very clear message: that everyone should own *physical* gold… and what’s more, they should store it outside of the United States:

Video at the Link:

“I prefer if investors hold physical gold in a safe deposit box, ideally outside the US, in various locations… Switzerland, Singapore, Hong Kong, Australia, Canada… I think it’s important in today’s very uncertain world to diversify, not only the various asset classes… but also the custody of your assets should be in different jurisdictions.â€

I dont trust anybody! Classic.

W