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Marc Faber Negative About the Euro and Gold,
Positive About the US Dollar

In a CNBC interview, renowned Swiss economist and investor, Marc Faber has talked about the possibility of a global recession in the 4th quarter of 2012 and early 2013.

He is also investing in US dollars, but his opinion about gold was rather negative.

Marc Faber said "we are still in a correction period and maybe gold breaks down below the low that we reached on December 29th, 2011, which was 1,522 $.

He also stated that "sentiments are negative about gold [...] and about the euro".

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