Monday, September 12, 2011

Money is moving out of paper into Gold

"Marc Faber : I think today to buy a 30 years government bonds at a yield of 3.65 percent and a ten years at a yield of 2.31 percent is suicidal financially , suicidal , I would rather buy equities today but I think after a rebound we are going to go lower because the momentum is now very strong on the downside and I believe as one of your commentators said before there is a loss in confidence in paper money and Money is moving out of paper into Gold..."

at http://marcfaberchannel.blogspot.com/2011/09/money-is-moving-out-of-paper-into-gold.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MarcFaberBlog+%28Marc+Faber+Blog%29