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Whatever happens on the upside, gold won't fall below $1,000/ounce again, says Marc Faber of...

Whatever happens on the upside, gold won't fall below $1,000/ounce again, says Marc Faber of Gloom, Boom & Doom Report: "Central banks are all the same. They are printers. Gold is maybe cheaper today than in 2001, given the interest rates." Gold now +1% to $1,113.80.
Comments (3)
  • vboring
    , contributor
    Comments (203) | Send Message
     
    There is an internet full of alchemists who will be glad to prove him wrong.
    11 Nov 2009, 12:37 PM Reply Like
  • E Thomas St.
    , contributor
    Comments (139) | Send Message
     
    Ever is a long time.
    11 Nov 2009, 12:43 PM Reply Like
  • HiSpeed
    , contributor
    Comments (1154) | Send Message
     
    The USD is due for quite a bear market rally-move imo. At such time, the stock market will dip, and gold will likely fall below 1k.
    11 Nov 2009, 02:23 PM Reply Like
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