Gold Bull Marc Faber Now Says Price May Fall to $1300 Before Rebounding
Apr 13, 2013 - 12:26 AM GMT
By: Bloomberg
Commodities
Marc Faber, publisher of the Gloom, Boom & Doom Report, said that gold may fall to $1300 before a rebound. He appeared on Bloomberg TV's "Street Smart" with Trish Regan and Adam Johnson today.
Faber said, "I love the fact that gold is finally breaking down. That will offer an excellent buying opportunity." On whether a deflationary environment is possible right now, Faber said, "In the economy of the cuckoo people that populate central banks, everything is possible."
read more at; http://www.marketoracle.co.uk/Article39925.html
the puke indicator, page-85
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