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Wednesday, September 5, 2012
Marc Faber : 25% of my Assets are in Gold
Marc Faber : “I have roughly 25% of my assets in gold. I buy every month, and I will never, ever sell it as long as people such as Mitt Romney, Paul Ryan, Obama, Biden, Bernanke, and Marc Faber : “I have roughly 25% of my assets in goldGeithner are in government. I will never sell it. Never." - in businessinsider
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Marc Faber
Printing Money Has Stopped Working
They technically do not print the physical money. They just "lend" it out ( or at rates so low they just give it for free ) through digital accounts for banks. It doesn't matter if they don't print the actual dollar they still increase the money supply with digital dollars. Besides physical paper dollars only account for a single-digit percent (conservative estimation) of the total US dollar money supply.
The Great Silver Market Myth
As an addendum. All the gold ever mined divided by the population of the world equates to approx 0.75ozt each, similarly small amounts to silver. . "The World Is Out of Silver In Industrial Quantities" will come with a BOOM!, not a whisper. Most users, etc. are in denial because unlimited paper silver supply is truly unlimited. As well as futures. Want to buy a trillion ozs silver from me in IOU form (aka stock symbol SLV) write me for my PayPal account! I sell paper silver BELOW spot price! What a deal. THE END OF SILVER in qty will hit high technology like a bomb. Few believe this. Believe it. Truth is hard to swallow.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
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