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Silver Dollar Values Prices Skyrocket, Faber: U.S. Treasuries Are Doomed, Worthless

...stated he would much rather have gold and silver, commodities, as well as equities making up the bulk of his investment portfolio. My recommendation is to buy gold and buy silver today and hold for the long term. Read on...

 
PRLog - Jan. 26, 2013 - Gloom, Boom & Doom founder Marc Faber speaks with the press, reporting on how stocks are in fact safer than bonds right now. Bearish on the potential of our whole financial institution, Mr. Faber says shares are gaining attractiveness because bond markets are crumbling. How high will silver go? Learn more >>  http://silverpricestoday.cc/KITCO-SILVER/

He is convinced government bonds are going to be useless in the near future because government authorities will default. If they don't default, the government will have to print such an abundance of cash, that the purchasing power of all types of fiat currencies will deplete quickly.

Sure, when given the choice of getting bonds, Faber would take U.S. bonds over Spain's or Italy's. However, when given the choice to have bonds, real property, equities, or commodities, Marc Faber stated he would much rather have gold and silver, commodities, as well as equities making up the bulk of his investment portfolio. My recommendation is to buy gold and buy silver today and hold for the long term. How high will silver go? Learn more >>  http://www.silverpricestoday.cc/KITCO-SILVER/

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Source:James P. Coronet
Zip:10101
City/Town:New York City - New York - United States
Industry:Business, Finance
Tags:silver dollar values, silver prices, gold prices, silver coins, gold coins
Shortcut:prlog.org/12067201
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