from Zero Hedge:
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During a recent round-table discussion (accessible below), Marc Faber explained his asset allocation strategy and his incredulity at what the Fed is doing.
Read More @ ZeroHedge.com
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During a recent round-table discussion (accessible below), Marc Faber explained his asset allocation strategy and his incredulity at what the Fed is doing.
“I have around 25% in gold… and it’s my insurance policy. It is important that one day when the so-called shit hits the fan – and I think the Fed is well on its way to creating that situation – you have access to your gold, that it is not taken away.”Faber goes on to discuss his lack of surprise at the Fed’s un-Taper, the wealth in-equality impacts, and Asia’s growing lack of faith in the USD.
Read More @ ZeroHedge.com
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