Faber Touts G-O-L-D
Legendary investor continues his support of gold. You may remember Faber as one of the few who correctly predicted the 1987 stock market crash. This 8 minute video is pretty technical stuff, and most of you won't really want to sit through the whole thing, but you can watch the video below if you are having trouble sleeping. Of interest is the following exchange with the host:

On whether he'd rather own euros or dollars, Faber responds:

"I have a very special stock tip for you. The symbol is g-o-l-d. That is what I prefer to hold. Both the euro and the dollar are long-term undesirable currencies, especially given zero interest rates in the U.S. Equities to some extent become like cash because they become a store of value compared to cash at a zero interest-rates. Paintings become a store of value, stamps become a store of value."

The direct link to the video is HERE.