Marc Faber recently spoke at a Societe Generale's global strategy presentation and made some interesting forecasts about gold and central banks in 2015. He said "I'm positive that gold will go up substantially in 2015 say 30%" "My belief is that the big surprise this year is that investor confidence in central banks collapses." [youtube]http://www.youtube.com/watch?v=OAOu9RsJy8g[/youtube] Source: http://dailysilverupdate.com/blog/2015/01/marc-faber-gold-will-rise-30-2015/ Do you agree with his forecast about gold and central banks in 2015?
I like MF, but he has been consistently wrong on the US stock market for at least the last two years. And I mean badly wrong. Consistently alled for a 20% correction and in the meantime the Dow has gone from 13,000 to 18,000.