Thursday, September 11, 2014

Marc Faber would rather buy Gold vs Bitcoin

I know people who are very positive about Bitcoin, and I think its a currency that has a lot of future. But there will be competing bitcoins. 

And I personally when it comes to having some money into an asset or into cash that cannot be multiplied, I prefer a precious metal such as gold, silver, platinum, palladium. 

But ofcourse you have to store it in the right place, not in the US. The best is probably a safe deposit box in Singapore or Hong Kong or in your safe in Asia.