Not to own any gold is to trust central bankers and that you don't want to do in your life.
Our take on this quote:
🏦💰 In Gold We Trust 💰🏦
A little skepticism - and a little gold - can go a long way in safeguarding your wealth. 🛡️✨
Marc Faber's quote emphasizes the importance of owning gold as a hedge against the potential risks associated with trusting central bankers. He suggests that placing too much faith in central banks—institutions that control monetary policy and money supply—might be unwise, as their decisions can have significant, sometimes detrimental, impacts on the value of currency and savings. Gold, on the other hand, has historically been seen as a safe haven and store of value that can protect wealth in times of economic uncertainty. Faber’s advice encourages individuals to maintain a degree of skepticism and consider diversifying their investments to include assets that are less susceptible to the actions of central banks.
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