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Marc Faber: “Emerging Economies Will Be Submerging Soon; May Lead To Devaluations & Higher Gold Demand”

1-3-2014 < SGT Report 460 96 words
 

by Tekoa Da Silva, Bull Market Thinking:


During a time of stagnating emerging market growth and increasing Asian gold demand, Marc Faber, Director of Sprott Inc. and Publisher of The Gloom, Boom and Doom Report, was kind enough to share a few comments.


According to Marc, “if the Chinese economy imploded, it is likely that…the government would implement a devaluation of the yuan,” leading to similar currency moves in the region.


Here are his full interview comments with Sprott Global Resource Investment Ltd.’s Tekoa Da Silva:


Read More @ BullMarketThinking.com


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