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Email this article: Marc Faber: I'm buying gold because I'm fearful of a systemic crisis
Posted: Fri February 1, 2013 6:55 pm
INTERNATIONAL. Faber believes markets will punish central banks, at some stage, for their extensive monetary easing. This could materialize as a bonds market collapse or a stock market bubble. He reckons investors should enjoy the rally while it lasts. He also thinks investors who don't own gold are in "great danger".
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