Marc Faber On Gold, Government Theft And Negative Interest Rates

Saturday, February 20, 2016
By Paul Martin
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

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