By Alex Rosenburg
CNBC
Marc Faber is not exactly known for his rosy outlook on equities. On Thursday’s “Futures Now,” he made the case that 2013 looks an awful lot like 1987, which is why he expects the market to drop 20 percent or more by the end of the year.
But that doesn’t mean he’s universally bearish on equities. In fact, there’s one sector that he’s quite excited about right now.
“I think there’s one group of stocks that should appeal to people who say ‘I want to buy low and sell high,’ and this is the gold mining sector,” Faber said. “In general, the gold mining sector is incredibly depressed.”