Marc Faber - In the End, The Government Will Get Your Gold
For the latest Marc Faber, go to MarcFaberBlog.com - In the long run, the dollar will be weak. Don't forget that other governments are following similar policies, so it won't collapse completely against foreign currencies. More and more, people will begin to look upon gold as an alternative currency rather than simply a commodity. In the end game, the government will try to take gold away from people. Many people already bought and sold their gold, and now they think that the price is too high. It is really the stock market that is highly inflated. It may go up more, but it certainly isn't the buy of the century. All of the gravy is out of the stock market. When you have intervention in the market, it is very difficult to predict. If the markets go down, the academics will probably call for more stimulus. This makes the stock market a much better place to put your money compared to cash. The dollar and the stock market will have a very strong correlation going forward, and the dollar is going to be very weak. The biggest danger is that this crisis has been avoided by postponing it. Eventually the whole system will go down and all the governments will go bankrupt.
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