Faber, publisher of the Gloom Boom & Doom Report, joins
CNBC to discuss interest rates and the rise of gold and silver.
the Fed will keep interest rates below the rate of the cost of living
increase as far as the eye can see. He argues that cash and bonds
are dangerous in this environment, and suggests moving into asset
classes like commodities, real estate, equities, and art.
argues that gold is not in a bubble, as most investors are not buying
the precious metal. Faber thinks gold is cheaper today than in 1999
when it was $252.
with permission from Bull
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