{"id":49332,"date":"2014-04-02T19:34:54","date_gmt":"2014-04-02T23:34:54","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=49332"},"modified":"2014-04-02T19:34:54","modified_gmt":"2014-04-02T23:34:54","slug":"dont-keep-gold-silver-us-says-marc-faber","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/04\/02\/dont-keep-gold-silver-us-says-marc-faber\/","title":{"rendered":"Don\u2019t Keep Your Gold and Silver in the US, Says Marc Faber"},"content":{"rendered":"<h4><span style=\"font-size: small;\">By Casey Research<br \/>\n<\/span><\/h4>\n<p class=\"desc\"><em>Gloom Boom &amp; Doom Report<\/em> publisher Marc Faber discusses the fragile state of the US and global financial systems\u2026 how rising inflation will affect the average American\u2026 how soon the bubble will burst\u2026 and why gold and silver will triumph.<iframe loading=\"lazy\" src=\"http:\/\/trk.caseyresearch.com\/f\/?editorial=dont-keep-your-gold-and-silver-in-the-us-says-marc-faber\" height=\"1\" width=\"1\" frameborder=\"0\"><\/iframe><\/p>\n<p><iframe loading=\"lazy\" style=\"border: none;\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/2724500\/height\/45\/width\/450\/theme\/standard\/direction\/no\/autoplay\/no\/autonext\/no\/thumbnail\/yes\/preload\/no\/no_addthis\/no\/\" height=\"45\" width=\"450\" allowfullscreen=\"\" scrolling=\"no\"><\/iframe><\/p>\n<table style=\"margin: 20px 20px 20px 20px; border-top: 1px solid #ccc; border-bottom: 1px solid #ccc;\" width=\"650\" border=\"0\" cellspacing=\"10\" cellpadding=\"0\" align=\"center\">\n<tbody>\n<tr>\n<td colspan=\"3\"><strong>Want more insightful talk on your money and investments? Subscribe now to Sound Money in your email, in iTunes, or via RSS.<\/strong> <a style=\"padding: 3px 5px; border: 1px solid #46b8da; background-color: #5bc0de; color: #fff; font-family: Helvetica, Arial, sans-serif; font-size: 13px; border-radius: 3px; text-align: center; text-decoration: none;\" href=\"http:\/\/www.caseyresearch.com\/go\/v4pyx-2\/PIP\">Email<\/a> <a style=\"padding: 3px 5px; border: 1px solid #285e8e; background-color: #3276b1; color: #fff; font-family: Helvetica, Arial, sans-serif; font-size: 13px; border-radius: 3px; text-align: center; text-decoration: none;\" href=\"http:\/\/www.caseyresearch.com\/go\/v4njy-2\/PIP\"><img decoding=\"async\" style=\"vertical-align: text-bottom;\" alt=\"\" src=\"http:\/\/d15s74raupkmp7.cloudfront.net\/sites\/sound-money\/images\/apple.png\" height=\"17\" \/> iTunes<\/a> <a style=\"padding: 3px 5px; border: 1px solid #d58512; background-color: #ed9c28; color: #fff; font-family: Helvetica, Arial, sans-serif; font-size: 13px; border-radius: 3px; text-align: center; text-decoration: none;\" href=\"http:\/\/www.caseyresearch.com\/go\/v4nnz-2\/PIP\">RSS<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Here are a few highlights:<\/p>\n<p>\u201cThe US is a country that likes to create trouble, but they don\u2019t like to clean up things.\u201d<\/p>\n<p>\u201cWe\u2019ve now been five years into the bull market and the US economy bottomed out in June 2009. We already had a crack-up boom\u2014not in the economy of the typical household, but in the economy of the super-well-to-do people, whose asset prices rose dramatically and as a result created a huge wealth inequality.\u201d<\/p>\n<p>\u201cMy view would be that we have already printed so much money, and to accelerate it will be bringing about numerous other problems, so my time frame is that the [bubble], maximum, will burst in three years\u2019 time.\u201d<\/p>\n<p>\u201cOnce the collapse happens, the power of central banks will be curtailed greatly because people will realize who brought along first the Nasdaq bubble in 1999: The Federal Reserve. Who brought about the housing bubble between 2001 and 2007? The Federal Reserve. And who is bringing now along another great credit bubble and asset bubble? The Federal Reserve.\u201d<\/p>\n<p>\u201cI don\u2019t think that anything is very cheap, but if I have to compare different asset prices, say real estate, stocks, bonds, commodities, gold, art, and so forth\u2014and old cars\u2014then I think that gold and silver [are] relatively inexpensive because they have had big corrections already, and you should not forget that the global bond market now is over $100 trillion.\u201d<\/p>\n<p>&nbsp;<\/p>\n<div id=\"xvMdV95u77zU\" style=\"clear: both;\">The article <a href=\"http:\/\/www.caseyresearch.com\/go\/v4nr2-2\/PIP\" rel=\"permalink\">Don\u2019t Keep Your Gold and Silver in the US, Says Marc Faber<\/a> was originally published at <a href=\"http:\/\/www.caseyresearch.com\/go\/v4nc3-2\/PIP\">caseyresearch.com<\/a>.<\/div>\n<div style=\"clear: both;\"><\/div>\n<div style=\"clear: both;\"><\/div>\n<div style=\"clear: both;\"><\/div>\n<div style=\"clear: both;\"><\/div>\n<div style=\"clear: both;\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>By Casey Research Gloom Boom &amp; Doom Report publisher Marc Faber discusses the fragile state of the US and global financial systems\u2026 how rising inflation will affect the average American\u2026 how soon the bubble will burst\u2026 and why gold and silver will triumph. Want more insightful talk on your money and investments? Subscribe now to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2014\/04\/02\/dont-keep-gold-silver-us-says-marc-faber\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Don\u2019t Keep Your Gold and Silver in the US, Says Marc Faber&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-49332","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/49332","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=49332"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/49332\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=49332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=49332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=49332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}