Tuesday, January 22, 2013

Marc Faber : When The System goes down , maybe then people will realize and go back to some Gold-based system or such

“In the worst case scenario, in the systemic failure that I expect, it (Gold) would still have some value,” Marc Faber, who is also the founder and managing director of Marc Faber Ltd., said at an event hosted by Evli Bank Oyj in Helsinki. When “the system goes down,” and only plastic credit cards are left, “maybe then people will realize and go back to some gold-based system or such,” he said. - in Bloomberg

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