Marc Faber : I think we peaked out at about a year ago where the gold went to $1,921 and then corrected.
Currently it's above $1,700. I think in the near term, we could see some correction. I do not know how high the gold will go.
Whether it will go to $2,000 or $20,000 I do not know precisely. In the event of systemic failure, it can go higher and higher.
Precious Metals are relatively inexpensive compared to Equities - TD: How do you see the precious metals--gold, silver, platinum, palladium fitting into that picture? Marc Faber : Well, precious metals are relatively inex...