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Email this article: Marc Faber says US$1,000 gold is new floor
Posted: Thu November 12, 2009 4:35 pm
INTERNATIONAL. Marc Faber said Gold won't fall below US$1,000 an ounce again as central banks print money to help fund budget deficits. The yellow metal is maybe cheaper today than in 2001, given the interest rates, he said.
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KUEAIT. There is plenty of potential in the Kuwaiti market, should investor interest remain and the government carries out its proposed spending plans. The government's 2014/15 budget is expansionary, with expenditure growth of 3.2% to US$77.3 billion.
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