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Dr Gloom: Choose Gold Over an AIG Insurance

Monday, 16 Mar 2009 | 8:20 PM ET

Marc Faber, editor & publisher of The Gloom, Boom & Doom Report, a.k.a. Dr Gloom, would rather own gold as an insurance policy, than an insurance policy from AIG. He tells CNBC's Amanda Drury how else he is investing his money.