Faber Bets Big On Gold
  • Prabha Hegde
  • Aug 02 2013

Investment Guru Marc Faber says he wants to have 25% of his assets in gold and own assets that are not linked to the vulnerable financial markets. “The continuing credit debt crisis will eventually lead to a sovereign wealth crisis,” he says. He also foresees a rise in oil prices on the back of Middle East problems and higher China demand.