"I have argued again and again that investors……" — Marc Faber
"I have argued again and again that investors should hold some assets in precious metals as an alternative to cash. One of the functions of paper money is to be a store of value. But... with practically zero interest rates and cost of living increases of about 10 percent per annum... paper money at zero interest rates loses its purchasing power."
—
Marc Faber
★
★
★
★
★
0.0 avg (0 ratings)
36 Quotes by Marc Faber
Marc Faber has 36 quotes on this site.
A few more worth reading:
-
I think there are some groups of stocks that are highly vulnerable because they're in cuckoo land in terms of…
-
One day the price of gold will be higher than the Dow Jones.
-
Our best long-term and intermediate cycles suggest another slowdown and stock crash accelerating between very early 2014 and early 2015,…
-
You have to say that we are again in a massive financial bubble in bonds, in equities, in [other] asset…
-
The monetary policies of the US will destroy the world.
-
Buy a $100 US bond and frame it to teach your children about inflation by watching the US bond value…
-
It is clear to me that the financial sector, including CNBC, loves central banks
-
When I look at asset prices; real estate, bonds, equities, vintage cars… I think that gold is actually one of…
-
I'd rather buy something that is relatively depressed than something that is relatively high.
-
As an observer of markets - whenever everyone focuses on one thing - like Greece and Europe - maybe they…
-
I am surprised with the reelection of Mr. Obama. The S&P is only down, like, 30 points. I would have…
-
I think Mr. Obama is a disaster for business and a disaster for the United States. Not that Mr. Romney…
See all 36 quotes by Marc Faber »
More Alternative Quotes
This quote is filed under Alternative Quotes,
one of 736 quotes in that category. Here are a few more:
-
For every failure, there's an alternative course of action. You just have to find it. When you come to a…
— Mary Kay Ash
-
The clear problem of the outlawing of insult is that too many things can be interpreted as such. Criticism, ridicule,…
— Rowan Atkinson
-
I'd like to give zero out capital gains tax and zero out the dividends tax, zero out alternative minimum tax,…
— Michele Bachmann
-
In the past I have defended the right of the IRA to engage in armed struggle. I did so because…
— Gerry Adams
-
You got to be just stupid to not be focused on alternative energy.
— Lewis Black
-
You are educated. Your certification is in your degree. You may think of it as the ticket to the good…
— Tom Brokaw
-
Education must, be not only a transmission of culture but also a provider of alternative views of the world and…
— Jerome Bruner
-
Ageing's alright, better than the alternative, which is not being here.
— George H. W. Bush
-
The United States prefers that Iraq meet its obligations voluntarily, yet we are prepared for the alternative.
— George W. Bush
-
Old age isn't so bad when you consider the alternative.
— Maurice Chevalier
-
You just have to stand and grit your teeth and know your poll numbers are going to go down -…
— Chris Christie
-
In war as in life, it is often necessary when some cherished scheme has failed, to take up the best…
— Winston Churchill
See all 736 Alternative Quotes »