Marc Faber - 'I would probably choose gold'
GoldMoneyNews: Marc discusses his 40 years of experience in capital markets and the lessons he has learned. He
looks at the underlying nature of the American economy and details the
problems arising since 2007. Money printing -- along with the insidious
effects of underreported inflation -- is to some extent disguising the
sorry state of the US economy. Faber is cautious on China, and when
questioned about Cyprus and the loss of depositor funds, raises
pertinent points about the problems that deposit insurance may cause and
what the ramifications of the bailout conditions in Cyprus may have on
otherwise conservative investors. Listen in for 25 minutes of economic common sense. Source
No comments:
Post a Comment