Continue to Hold Gold?

Reference: Marc Faber, Jim Rogers Continue to Hold Gold

Here's my summary of that article:-

The market currently is unstable and fluctuates so much hence affecting gold prices as well. In fact, it has begin to dip a little. But investors and pundits like Marc Faber and Jim Rogers both have no intention of selling and are looking at acquiring more. The main reasons why these guys continue to do this is there overall understanding of the macro-economic circumstances.

In general, macro-economics as it relates to gold, will deal with issues like national debt, inflation, paper currency and the practices of central banks; all of which the above are highly affected by. In fact, the more money countries print and the more hyper inflation caused, the better it is to hold gold. This is why Faber and Jim Rogers continue to hold gold. The central banks and governments have become addicted to these practices even more than in the past, and it's not sustainable by any stretch of the imagination. As trust in paper currencies erodes around the world, the price of gold should continue to move in a upward direction no matter how much the temporary correction is.

This is why Marc Faber and Jim Rogers, among others, continue to hold and invest in gold, and will continue to do so for many years to come.