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Faber on bitcoin: 'A symptom of excess liquidity'

Friday, 29 Nov 2013 | 8:22 AM ET

Ultra-bear Marc Faber, editor and publisher of The Gloom, Boom & Doom Report, told CNBC on Friday that the same easy money policies affecting stock and bond prices drive speculative on the controversial digital currency bitcoin, which crossed the $1,200 briefly Friday morning.