Please tune into This Week in Money for an excellent interview of Marc Faber by Howe Street's Jim Goddard.

Goddard asked Faber what currencies he liked. Without hesitation, Faber replied, gold, silver, and platinum.

The interview with Faber starts a bit after 8 minute mark and lasts for about 30 minutes.

Faber also discusses, valuations, the US and Canadian dollar, oil, China, and the recession.

As always, Faber provides excellent food for thought.

If you have not yet read his book, Tomorrow's Gold, please pick up a copy. It's not about gold, it's about opportunities.

Recommended Reading List

  1. Economics for Real People by Gene Callahan
  2. Economics in One Lesson by Henry Hazlitt
  3. What Has Government Done With Our Money? by Murray N. Rothbard
  4. Case Against the Fed: Murray N. Rothbard
  5. Tomorrow’s Gold Marc Faber
  6. Capitalism For Kids: Growing Up To Be Your Own Boss by Carl Hess
  7. Debunking Modern Monetary Theory (MMT) & Understanding it First by Erik Zimerman
  8. An Introduction to Austrian Economics by Thomas C. Taylor

Items two, three, four, and eight are free downloads at mises.org. Item seven is a free website article.

Links 1, 5, and 6 go to Amazon. I get a tiny cut of the action out of Amazon’s pocket. If you prefer Amazon gets the full price, then remove my reference.

Tomorrow’s Gold is one of the best financial books ever.

Mike "Mish" Shedlock

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Gold: How High in 2020?

Gold broke out of a six year consolidation. Things look up in 2020.

Silver Looking Better Than Gold?

Based on Commitment of Traders (COT) data, John Rubino at Dollar Collapse prefers silver over gold.

Gold and Silver Miners Outperforming the Metals

For the first time in a long time, gold and silver miners are outperforming the metal, generally a good signal for both.

Gold-Backed Petro-Yuan Silliness: Reserve Currency Curse?

A massive amount of hype is spreading regarding China's alleged ambitions to dethrone the dollar. The story this time involves China's plan is to price oil in yuan using a gold-backed futures contract. Even if that were true, the impact would be zero. Nonetheless, CNBC is now in on the hype.

US says China NOT a Currency Manipulator: 5 Countries Meet 2 of 3 Conditions

The US says China is on the monitor list as are 5 other countries. Trump's Tariffs attack a symptom, not the problem.

Marc Faber “I love the Fact that Gold is Finally Breaking Down”

Marc Faber loves that gold is finally breaking down. The reason is not to gloat, or a prediction. Rather “gold will offer an excellent buying opportunity“.

Peak Gold? No: Peak Gold Production? Perhaps

Some claim we have reached peak gold. It depends on what one means by the term. Perhaps we have reached peak production.

Housing Consistent With a Recession in 2020

Over the past year, 4 housing indicators have moved in ways consistent with patterns seen in 3 previous recessions.