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In this Discussion

  • ron January 2015
  • rono January 2015
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Dr. Doom (Marc Faber): Gold Will Raly 30% In 2015

FYI: Gold has absorbed its fair share of the commodities-market blows in recent years, but now is the time to move back into the precious metal, according to superbear Marc Faber.
Regards,
Ted
http://www.marketwatch.com/story/market-doomsayer-marc-faber-gold-will-rally-30-in-2015-2015-01-13/print

Comments

  • Hasn't he always been saying that? Someday he may be right. I just always hold some gold, like my insurance policy.
  • Howdy,

    I'd be careful speculating - at least until there is some upside movement. If he's correct and it rallies 30%, there will be plenty of time to climb aboard.

    That said, like Ron [nice name, what], I'm not talking about a core pm investment, but speculation. I'm still of the camp suggesting everyone own some gold as part of their wealth, say 3-7%.

    and so it goes,

    peace,

    rono
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