What does Marc Faber do when the price of gold dips?

In a recent interview with Kitco, famed Swiss investor Marc Faber said that he is still buying gold, and buying it constantly.  Gold has been as high as $1921 an ounce, and it is now around $1200 an ounce, some days even less.  In his opinion, this is a fantastic entry point for gold buyers.  He believes the irrational trust in paper will come to a screeching halt at some point - maybe soon.

And when the price of gold fluctuates down a little bit? He just buys more.

That’s right. Instead of getting bearish when the price dips, he sees it as a buying opportunity. Marc Faber is basically dollar-cost averaging where gold and precious metals are concerned. Shouldn’t you be as well? After all, he is worth untold millions and has correctly advised his clients to get out of the market before various crashes, going all the way back to 1987. At Lear Capital, we are eager to gain insight from people like him.

And we were honored to do just that.

Marc Faber sat down with Lear Capital for an in-depth interview and gave us even more of his insight into the financial world. Download our new Marc Faber report to read all about it.