Tuesday 17 November 2009

Moneynews

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Marc Faber: Gold, Stocks Are Still Buys


Marc Faber, publisher of the Gloom, Boom & Doom Report, says gold and stocks make good investments now. As for gold, “I think it might be actually less expensive than when it was at $300 an ounce in 2000,” he told Bloomberg. “As long as Mr. Bernanke is Fed chairman, gold will be a very good investment. Since he has been Fed chairman, gold has gone up by more than two times.”

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