is there a bubble in gold...marc faber, page-5

The subject of this thread is false and misleading. Marc Faber has not said there is a bubble in gold. In fact he holds a lot of it.

Bubble in gold will be when it's on every tv program, every person scrambling to buy it. Way off yet.

BTW the IMF sale that's been hanging over the market has now half been sold to India, the other half will likely be sold to China. Chinese can buy it at any time by converting a small fraction of their cash reserves. They'll try to pick their moment. So this so called overhang is gone - a total non-event.