• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Precious Metals Market
    Precious Metals News
    Precious Metals Stocks
    • Precious Metals Market
    • Precious Metals News
    • Precious Metals Stocks
    gold investing

    Hold Gold to Guard Against Worst-Case Scenario: Faber

    Investing News Network
    Jan. 22, 2013 11:11AM PST
    Precious Metals

    The Financial Post reported that, according to Marc Faber, the publisher of the Gloom, Boom & Doom report, there is value to holding gold as part of a portfolio to guard against a “worst-case scenario”.

    The Financial Post reported that, according to Marc Faber, the publisher of the Gloom, Boom & Doom report, there is value to holding gold as part of a portfolio to guard against a “worst-case scenario”.

    As quoted in the market report:

    When “the system goes down,” and only plastic credit cards are left, “maybe then people will realize and go back to some gold-based system or such,” he said.

    To view the whole Financial Post report, click here.

    marc fabergold investing
    The Conversation (0)

    Go Deeper

    AI Powered
    Hand stacking gold coins next to gold bars on a reflective surface.

    OPINION — Goldenomics 103: Gold Protects and Performs

    Matthew Piepenburg, gold and silver bars.

    Matthew Piepenburg: Gold, Markets and Debt in 2025 — What to Watch, What to Do

    Latest News

    Reward Gold Mine Production Update

    Trading Halt

    Drilling Commences at Mt Hope Project

    Vertex Minerals Limited Reward Gold Mine Production Update

    Orion and Sapphire Drilling Results (Updated)

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Precious Metals Stocks

    Horizon Minerals

    HRZ:AU

    Alice Queen

    AQX:AU

    Pinnacle Silver and Gold

    PINN:CC

    1911 Gold

    AUMB:CC

    Kobo Resources

    KRI:CC

    Brunswick Exploration

    BRW:TCM
    Brunswick Exploration Logo
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×