GoldSeek Radio Nugget -- Marc Faber: All Fiat Currencies Fail While Gold Always Holds Relative
Dr. Marc Faber, editor of the Gloom, Boom, Doom Report, thinks centralized banking is en route to currency destruction.
3.50 - Trillions of dollars in derivatives risk.
5.35 - Quantitative easing from 2009 could presents challenges.
8.20 - The Fed's balance sheet remains high.
11.36 - Ukraine conflict - Russia will not give-up the Crimea.
18.00 - Real estate market.
21.30 - Domestic recession underway?
23.00 - Distress in specific Industries.
25.10 - How will the economic crisis unfold?
29.20 - Return to a gold standard?
34.50 - Gold to outperform most investment classes.
35.55 - Dr. Faber holds silver, gold and related shares.
36.50 - Bank safety?
40.02 - Domestic monetary policies could lead to 15%+ interest rates!
41.30 - Holding gold offshore is advisable.
42.40 - Structural economic change occurring, worldwide.
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