CNBC spoke with Marc Faber, the editor of the Gloom, Boom & Doom report and Mr. Faber expressed his skepticism that the Federal Reserve would raise rates in June, noting that if the Fed fails to raise rates in June, “the market will begin to perceive that the Fed wants to support asset markets… and in the that environment gold… will start to move up again.” Further noting “We don’t know how far central banks will move around the world. We need to be diversified… The most attractive asset in my view are gold shares and oil and natural gas shares. I think they have significant upside this year.”
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