Marc Faber warned at the weekend that 2015 may be the year that investors will lose confidence in central banks and that investors will “suddenly realise what a scam that central banking is”.
He is long gold and recently bought more gold and investors should buy gold and short sectors such as biotech and social media.
In an interview with Jack Otter, editor Of Barrons.com, Dr. Faber again reiterated his desire to short central banks. While that is technically impossible, the editor of the excellent Gloom, Doom and Boom newsletter indicated that it can be done by proxy through the buying of gold and silver bullion.
In a Barron’s video interview published by the Wall Street Journal, ‘Dr. Doom’ said,
I think that my bet is that if i could short central banks i would short central banks in 2015 because I think that investors will suddenly realise what a scam central banking is and then they will lose confidence. And there is only one way to short central banks and that is to buy gold.
Source Article from http://www.freedomsphoenix.com/News/170660-2015-02-06-quot-buy-gold-quot-and-short-federal-reserve-says-marc.htm?EdNo=001&From=RSS
"Buy Gold" and Short Federal Reserve, Says Marc Faber
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