Faber Says `Sky Will Be The Limit’ for Rising Gold Price
Posted on: November 19, 2009No comments yet
(Bloomberg) This is a must see interview for everyone. Marc Faber Says `Sky Will Be The Limit’ for Rising Gold Price. Faber says the US will print and print and print money for years, maybe 5 years or longer. He says in 5 years 50% of US tax revenue will be used to cover US interest payments and at that point complete monetization will be necessary.
