GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Monday, March 12, 2012

Marc Faber : Gold not in a Bubble

Marc Faber : Gold is nowhere near a bubble phase and there is no better time to buy it than now considering the violent volatility global markets could face in the context of the economic uncertainties and excessive liquidity central banks are pumping in.
I don't believe gold is heading into a bubble,"
A bubble is characterized by the majority of market participants being involved in a market space. I saw a gold bubble in 1979-1980, when the whole world was dealing — buying and selling gold 24 hours a day, globally.- Marc Faber said during the Middle East Investment summit at the Jumeirah Beach Hotel in Dubai last week as reported by Gulfnews

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