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Friday, March 1, 2013

INVESTORS' INSIGHTS - Marc Faber - 2013 Gold Price Prediction


When the staffers over at First Financial Insights sent me this post before its release earlier today, I almost died from the laughing. I don't know what is funnier: seeing ole Bernie in his new digs or the idea that Mr Faber has painted himself into a golden corner. We now expect regular updates on his holdings, along with an audit report from one of the Big Firms, this time.

Anyway, I got such a big kick out of it - I wanted to be fair by sharing it with my fellow "Kinesanites."

Dr Peter G Kinesa

March 1, 2013

P.S.  Thanks to the staffers over at  FFI for the laugh - keep it coming. Pete.

Laughing Kinesanite.

Marc Faber - 2013 Gold Price Prediction

Now this video gives us a little insight into why he is carrying so much Gold in his own portfolio -25%. So now, you can see why he is so eager to have us buy more and protect his position. Otherwise, if we do the opposite and sell all our holdings - then our poor Mr. Faber faces unkind losses and embarrassment. All this could also lead to a career change for our dearest unbiased advisor.

By the way, will you tell us Marc when you decide to sell or reduce this position before you actually do? Hmm...

Madoff get back in the cage -

First Financial Insights
March 1, 2013 

"Believe me, I told you 25% is in Gold"

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