Marc Faber thinks that gold will continue to outperform paper currencies, arguing that gold supply can`t increase as fast as central banks print new money:
“Gold's quantity cannot increase at the same rate as you can print money, which will eventually weaken the US dollar. I’m not saying that the dollar will go straight away down because other currencies like the euro are even worse at the present time. But eventually if you print money, the purchasing power will lose value." in CNBC
Dr. Faber even added that investors should buy some gold every month forever, accumulating the precious metal periodically in small amounts.
Related stocks and ETF`s: SPDR Gold Trust (ETF) (GLD), Market Vectors Gold Miners (ETF) (GDX), Newmont Mining Corporation (NYSE:NEM), Goldcorp Inc. (USA) (NYSE:GG), Novagold (NG)
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