Marc Faber's recommendation to continue buying gold every month, forever, received a full broadside on CNBC.

[At 3:45 in the video below]:

"You see sir, I am a huge fan of yours, but I have a real difficulty here that I'd like you to help me out with. If I'm looking to invest in my retirement, I have a choice of
investing in the American stock market,
which is basically a play on change, bright people, working
internationally in teams, around the world, and chasing the margin
every day of their lives... OR... I can do what you're suggesting and
buy an inanimate object that sits in a dark, damp cellar somewhere,
that may or may not be in short supply, may or may not glitter in the
correct light, but really has no productive power. Isn't gold the
ultimate Ponzi scheme?"

Faber's response:

"No, I don't think it's a Ponzi scheme, and it's not a liability of someone else... it's quantity cannot be increased at the same rate as you can print money... I’m not saying
that the dollar will go straight away down because other currencies like the euro are even worse at the present time. But eventually if you print money, the purchasing power will lose."

So who do you expect to win in a race? The Fed printing press or gold miners? The supply of dollars is indeed likely to grow faster than that of gold, but it still remains to be seen whether gold has already gone too far too fast. His argument
above also simply argues for why gold should outperform cash kept under
your mattress, not stocks or all kinds of other investments going forward.

Go to the Link at the top of the Article, the video embedding does not want to work, even in HTML mode.