Marc Faber, Publisher of Gloom, Boom & Doom Report has finally said while giving his views on global economy and markets, that though he is no more interested in investing money in India at this point of time but still he confirmed that he has positive view about the Indian economy in long term.
During his interview with Bloomberg Television from Honk Kong, Faber has further said that he still stands by the gold and silver and will continue to build up the gold even when he knows the prices of metal are likely to decline in next 3 months.
With cash, silver has almost increased two-fold in the past year and even gold to have advanced by 25%, has lured the investors to invest more into the metals till now. But for now with the prospect of gold and silver, more likely to lose its value near future, during the next 90 days has not made Marc Faber being anxious about taking hold of precious metal.
The Publisher is all clear about his priorities affirming time and again that he will continue to buy the commodities regardless of the losses that he may have to suffer near future due to their collapsing value.
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