Saturday, November 26, 2011

Marc Faber : Gold in Correction Phase not in a Bubble

Marc Faber : ...All I can say is that Gold have done much better than any government bonds ...a lot of people think that gold is a bubble and so forth but that is not my impression , I want to tell you I was last week in TaiWan and later I was in South Korea I gave two conference presentations and I asked the audience how many of you do own some gold ? and in TaiWan I think there was one participant that owned any gold and in Korea in a room with may be a thousand people not a single person owned gold you understand had I asked the question in year 2000 how many of you own the Yahoo type of stocks the whole room would have said yes we own it

Bob Chapman - The Sovereign Economist - November 23, 2011

Bob Chapman : there is no solution for the economic problems in Europe , the situation is not improving it is getting worse , we are going to have climbing inflation climbing unemployment you have to ensure yourself , if you have more money after you purchased dehydrated food and water filters buy gold and silver coins bullion and shares says Bob Chapman of the International Forecaster ....

DAILY NEWS ON BOOZE