Marc Faber Loves the Drop In The Price Of Gold - Sees Buying Opportunity

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Jun 22, 2013
Faber thinks that pretty much everything is oversold right now. Equities, bonds and gold included.

By historical standards Faber thinks the sentiment for gold and bonds is incredibly negative. He would much rather own gold and bonds than equities.

Faber suggests that if you believe what Bernanke is saying then you believe in Father Christmas. If the economy does not meet the Fed's expectations in one year they will consider additional measures.