Gold will stay above $1,000 an ounce forever, says Swiss Dr. Doom
Leave it to Switzerland's version of Dr. Doom to make the latest apocalyptic pronouncement on the future of the U.S. dollar -- and the outlook for gold prices. Marc Faber, investment advisor and fund manager to the uber-wealthy, says gold will forever stay above $1,000 an ounce. If you're unfamiliar with Faber's pitch-black outlook for the future of the Western economies and the developed world in general, well, he's probably best known as the author of the Gloom, Boom & Doom report. Enough said.
Original Article: Forum: News/Activism
Tags: Boom, Dr Doom, Gloom, Gold Prices, Investment Advisor, Marc Faber, Ounce, Outlook, Pitch, Pronouncement, Swiss, Switzerland, Western Economies, X27