Friday, April 25, 2014
Marc Faber: Get physical possession of your gold, and get it out of USA...
Marc Faber : “I prefer if investors hold physical gold in a safe deposit box, ideally outside the US, in various locations… Switzerland, Singapore, Hong Kong, Australia, Canada… I think it’s important in today’s very uncertain world to diversify, not only the various asset classes… but also the custody of your assets should be in different jurisdictions.”
I'm not sure why he is suddenly concerned about physical possession in America. I do know he is hyperbolic often, but also often proved to be generally correct. Either way - we do have a history in America of Bad People outlawing Gold from we serfs.
Here's the link.
Posted by K at 7:35 AM