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News Link • Gold and Silver

What Marc Faber Said to the LBMA About Gold

•, Bullion Vault Gold News
 The ANNUAL CONFERENCE of the London Bullion Market Association always includes great presentations from the biggest players in gold and silver, writes Adrian Ash at BullionVault.

Being in Hong Kong this year, the world's premier event for the bullion industry also got lots of great insights from genuine Asian insiders – ICBC, Kotak Mahindra, the People's Bank of China no less.

"When the People's Bank speaks it pays to listen," as Tom Kendall of Credit Suisse put it in his conference summary.

"Especially when it talks about gold."

But the star of the show, at least by popular vote at Tuesday's close, was Swiss ex-pat and long-time Asian resident, Marc Faber.

If you know his work, you can guess his theme – what doom and gloom mean for the boom in gold. Starting, of course, with the unintended consequences of constant government meddling.


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