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    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
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