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GoldSeek Radio Nugget - Dr. Marc Faber: The Fed Has Never Done Anything Right
Dr. Marc Faber, editor of the Gloom, Boom, Doom Report, comments on $2,315 gold, a new all-time record!
- Dr. Faber expects gold could climb to $2,500.
- When adjusted for fiat schemes, Dr. Faber thinks gold is worth seven digits!
- Gold remains the ideal store of value, when compared to paper assets.
- While fiat money can be diluted through profligacy, gold requires enormous effort to produce.
- Dr. Faber urges every individual to seize sovereignty, via PMs ownership.
- Will Fed Rates be used as a political weapon in the upcoming domestic election?
- Is the gold break-out emblematic of the long-anticipated, fiat money, end-game?
- Dr. Faber owns 25% of his investment portfolio in gold.
- Gold indexes may be poised for spectacular gains, notes out guest.
- Gold shares may represent relative bargains to the typical S&P stock.
- Dr. Faber's which oil shares he currently holds.
- Are Hong Kong shares nearing a buying nadir?
Dr. Faber's website: https://www.gloomboomdoom.com/
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