Marc Faber Issues Grim Warning
Perma-bear investor Marc Faber’s current stock investment advice to retail traders is to expand their exposure to precious metals and Asian economies, while staying away from the U.S. dollar.
“[The U.S. dollar] is not a desirable currency,” Faber, publisher of The Gloom, Boom & Doom Report newsletter, told CNBC on Tuesday. “I think the most desirable currency will be gold, silver, platinum and palladium. I still think the mining sector has embarked on a new bull market." (Source: “.
The post Marc Faber: “The Most Desirable Currency Will Be Gold” appeared first on Profit Confidential.
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