Dr. Marc Faber Comments On Barron's Roundtable

Blogged yesterday: To Buy Or To Sell Gold Now?

Now on Barron's Roundtable, buried in the middle, there are some interesting comments from Dr. Marc Faber.

• Faber: One day the price of gold will be higher than the Dow Jones. The CRB, a broad index of commodities, fell for 20 years in nominal terms, from 1980 to 1999. It is now up 12% and is still inexpensive. The Dow and the S&P are up substantially from the 1980s or early 1990s. Everyone thinks fiscal and monetary measures will work to fix the financial system. I don't. They will be disastrous and fuel inflation. But the supply of oil, gas and copper is relatively limited compared to paper money you can print.
  
  Recently I bought some U.S. stocks for the first time in a long time. If you buy Intel , Cisco , Yahoo! , Oracle and Microsoft , you will do much better in the next 10 years than you would with Treasuries. These stocks will double and even triple -- before going to zero.

Source: http://online.barrons.com/article/SB123276613972012603.html?page=5