GoldSeek Radio Nugget -- Marc Faber: All Fiat Currencies Fail While Gold Always Holds Relative

Dr. Marc Faber, editor of the Gloom, Boom, Doom Report, thinks centralized banking is en route to currency destruction.
3.50 - Trillions of dollars in derivatives risk.

5.35 - Quantitative easing from 2009 could presents challenges.

8.20 - The Fed's balance sheet remains high.

11.36 - Ukraine conflict - Russia will not give-up the Crimea.

18.00 - Real estate market.

21.30 - Domestic recession underway?

23.00 - Distress in specific Industries.

25.10 - How will the economic crisis unfold?

29.20 - Return to a gold standard?

34.50 - Gold to outperform most investment classes.

35.55 - Dr. Faber holds silver, gold and related shares.

36.50 - Bank safety?

40.02 - Domestic monetary policies could lead to 15%+ interest rates!

41.30 - Holding gold offshore is advisable.

42.40 - Structural economic change occurring, worldwide.