After a wild start to the 2016 trading year, today legend Marc Faber spoke with King World News about gold, government theft and negative interest rates.
Eric King: “Besides the money printing, which is a way to try to inflate out of this (debt) nightmare, should government theft be a big concern for investors?”
Marc Faber: “Yes. There are now more than $8 trillion worth of government bonds with negative interest rates. Negative interest rates is a very interesting legal case because in most constitutions it is written that expropriation is not an option. But negative interest rates are essentially an expropriation of savers’ money.”
Eric King: “Marc, we’ve had this big rally off the lows in the gold market and it seems to have tremendous strength underneath it — your thoughts on gold.”
Marc Faber: “As you know, I have always advocated that people own some physical gold. I happen to believe that the precious metals have probably bottomed out. Looking forward, we just don’t know how the world will look in 5 or 10 years time. So I would…To continue listening to the extraordinary audio interview with Marc Faber that has now been released, where he discusses the greatest threat to the world, his stunning predictions for the rest of 2016, gold, and what investors can do with their money right now, you can access it by CLICKING HERE OR ON THE IMAGE BELOW.
Also, the long awaited audio interview with London metals trader Andrew Maguire has now been released and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
***ALSO RELEASED: ALERT: Critical Update On The War That Is Raging In The Gold And Silver Markets CLICK HERE.
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