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Thursday, December 17, 2009

THINK OVER

Marc Faber has also outlined his views on gold in the above quoted interview. He has maintained his bullishness on the yellow metal despite the huge run up in its price. "If I look at the growth in quantity of money worldwide, then gold around this level is not overpriced. Well, it's not as much as a bargain as it was in 1999 to 2001, but I would believe that it's not very expensive still now," Faber notes.

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