Marc Faber Gold Prediction 2015: Physical Bullion or Gold Miners?

mark farmer has long been an advocate of owning physical gold let's see what he is forecasting for 2015 in terms of the economy in the gold price in a recent interview buy gold broker.com mark was asked whether he believes that goldwell depp blow 1000 dollars she was his response so below 1000 with my friend that it will not stay below 1000 dollars if gold stays down below a thousand dollars in a while many and i have to repeat many gold mining companies will go bankrupt and then does the blade razor and evil goes below 8000 its a signal that we are so what will the central bank bail-in gauge in even more destructive than me to print on money and so i would say as an investor i would use the current we are the buying
opportunity mark was also recently interviewed by etf.com to discuss why he prefers physical gold over gold miners let's go over some of his answers etf.com ask gould plunged immediately after the october 31st bank of japan announcement which came only days after the fed announce the end of qe where do you see gold heading in 2015 mark replied i think it will go up but can't go down first yeahs in general i would say the game that the central bankers are playing is very clear to start out with qe1 in the us and then that forest essential the other central banks to do the same to also go qe third kind of passing each other the ball one stops the other one starts it's basically a game designed to kill the purchasing power of paper money i'm not sure they're aware of it but in my vue this is the beginning of the end of paper money in this century etf.com ask so at this time looking out into the next year are you bleach on gold mark replied i've been recommending gold since the late 1990 is when was below 300 dollars an ounce i don't regret that i have continuously accumulated go i look at gold like an insurance policy it gives me some sense of security each individual can no longer trust central banks are all basically printing but that is what i recommend to investors at the same time i would say at the present time as was this is a year ago gold mining shares are extremely depressed compared to other investments so if someone wants to take a gamble or wants to invest in an asset class that is inexpensive i would say gold shares are now absolutely and relatively very inexpensive so that's with my father is looking for in terms of gold and the economy for 2015 do you agree with mark barber sentiment go ahead and leave a comment down below tied to the discussion once again thank you