Friday, December 28, 2012
Marc Faber : I own Gold. It's my biggest position in my life. The possibility of the Gold Price going down doesn't disturb me
For the last 40 years in my business I've seen people always lose money when they put too much money into something and then it goes down. They panic and sell, or they have a margin call to sell—and lose money. I own gold. It's my biggest position in my life. The possibility of the gold price going down doesn't disturb me. Every bull market has corrections.