Marc Faber Warns “Gold Will Be The Most Desirable Currency” As ‘Terror’ Spreads

from Zero Hedge

“Overall, I’d be rather cautious about investments in equities…” the editor and publisher of the Gloom, Boom & Doom report told CNBC’s “Fast Money” traders this week.

However, “over the last 12 to 24 months, many sectors have had huge declines,…And I see here, there are some opportunities.”

“…US markets are over-valued.”

Faber also added that “I still think the mining sector has embarked on a new bull market.”

“[The U.S. dollar] is not a desirable currency,” Faber explains, “I think the most desirable currency will be gold, silver, platinum and palladium.”

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