Marc Faber Warns: Store Your Gold Overseas

Marc “Dr. Doom” Faber has become quite well-known not only for his bold predictions, but for his investment prowess, as he effectively predicted and navigated the current financial fiasco. Along with the fact that he feels our nation as a 100% chance of entering another recession , the doctor has yet another warning for investors out there; don’t store your gold in the United States. “You ought to own some gold but don’t store it in the U.S., the Fed will take it away from you one day” said Faber , referring to what he feels will be an inevitable gold confiscation part deux [for more gold news and analysis subscribe to our free newsletter ]. See the full story here → Related Posts: How to Build a GLD-Free Gold Bug Portfolio Gold Prices Surge After QE 3 Announcement 3 Countries With The Largest Gold Reserves Sell Gold Before Bernanke’s Address Tomorrow The Ultimate Guide To Gold Investing