Marc Faber On Gold, Government Theft And Negative Interest Rates
KingWorldNews.com
February 20, 2016
After a wild start to the 2016 trading year, today legend Marc Faber spoke with King World News about gold, government theft and negative interest rates.
Eric King: “Besides the money printing, which is a way to try to inflate out of this (debt) nightmare, should government theft be a big concern for investors?”
Marc Faber: “Yes. There are now more than $8 trillion worth of government bonds with negative interest rates. Negative interest rates is a very interesting legal case because in most constitutions it is written that expropriation is not an option. But negative interest rates are essentially an expropriation of savers’ money.”
The Rest…HERE
