Marc Faber: Invest 25% of Investment Portfolios in Gold Bullion

by Mark O’Byrne

Marc Faber has told advisers to invest 25% of investment portfolios in gold bullion.

The author of the Gloom, Boom & Doom Report, urged investment professionals at the CFA Institute Conference in Chicago that 25 percent of a portfolio should be allocated to gold given the very significant risks facing investors today.

[…] The Chicago Tribune reports that Faber advised that gold is a “protection from a dangerous combination of tremendous government debt and massive bond-buying by central banks globally trying to fight off recession with near-zero interest rates.”

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