‘Dr. Doom’ Sees Possible 10 Percent Gold Correction

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“Dr. Doom” Marc Faber tells CNBC that he owns gold even though the precious metal may be heading south. Faber also predicted a rather gloomy 2013 for stocks around the globe, pointing out what he sees as a “deterioration in the technicals of the market” and last year’s huge increases from multi-year lows.

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