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Faber Redux: "I Don't Trust Anyone... Hold Gold Outside The US"
Tyler Durden's picture   Sometimes it's worth remembering that
while the demise of the status quo may take a while, there are
actions one should be taking despite the sound and fury each and
every day. As Marc Faber warned, "I don’t trust anyone." Simply
put, Faber blasts, "the monetary policies as they are
implemented by central banks around the world, are actually
preventing the markets from clearing and [not allowing] the
economy to truly improve." His recommendation, he'd "prefer
investors hold physical gold in a safe deposit box, ideally
outside the US," because "Fed policy will destroy the world."
Everyone will print money... (one of Faber's best from 2 years
ago!! his reasoning remains impeccable)  And here recently:    •
CNBC: “Uh, so do you thus not trust US banks or US custodians?
Do you think they might fail or abscond with the gold?”   •
Faber: “The US is a country that l