Marc Faber spoke with CNBC this week to discuss his thoughts on the European debt crisis. He believes there is 100% certainty the global economy will be back in recession by late 2012 early 2013. He likes US dollars (safe cash) as an investment to protect yourself during that downturn, and he believes the gold correction may have further to run; specifically if it breaks below the December 2011 lows of $1522.
