| Investment Guru Marc Faber says the rupee has been declining due to irresponsible government policies, which explains India’s love for gold. “Interest rate hikes are not related to performance of gold,” he says, adding that gold is relatively attractive in the current environment. |
Marc Faber (born February 28, 1946) is a Swiss investor based in Thailand. Faber is publisher of the Gloom Boom & Doom Report newsletter and is the director of Marc Faber Ltd, which acts as an investment advisor and fund manager. Faber also serves as director, advisor, and shareholder of a number of investment funds that focus on emerging and frontier markets, including Leopard Capital’s Leopard Cambodia Fund and Asia Frontier Capital Ltd.'s AFC Asia Frontier Fund.
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