I am also warming to gold shares. Gold corrected to $1,522 last December
from $1,921 in September. It rebounded to $1,795 in February and is
back down around $1,600. The correction could last longer, but given
that governments will print more money, gold is relatively effective as a
currency.
My preference is physical gold, but I would also own some gold shares, which have been decimated. -
in Business Insider
Related stocks and ETFs: SPDR Gold Trust ETF (GLD), Newmont Mining (NEM), Goldcorp (GG), Barrick Gold (ABX)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.