Marc Faber : Gold can be volatile & shake weak hands

Marc Faber : The gold market can be extremely volatile, a normal symptom of a fiat-backed financial system inducing the public into schizophrenia—of clinging to the familiarity of a 67-year-long financial system, moving to periods of fearing total loss at the currency graveyard—will chase investors out.

Related Symbols: GLD, SLV

Marc Faber : Gold can have strong corrections

Marc Faber : A 30 percent correction or 40 percent correction cannot be ruled out, but as I maintain, again and again, I’m not going to go and sell my gold,” Faber said forcefully, as he explained that owning gold is should be viewed as the ultimate insurance policy to cover financial calamity.

Gold Poised for an Upswing?

RBC Wealth Management's George Gero tells TheStreet's Joe Deaux new buyers could emerge as China may approve a new gold ETF.