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Marc Faber Giving CNBC a Fantastically Insightful and Awkward Interview

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posted on May, 15 2011 @ 06:54 AM
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Marc Faber Giving CNBC a Fantastically Insightful and Awkward Interview





■ In current environment, cash and bonds are dangerous
■ Real estate, art, collectibles and commodities proper investment now
■ You need to invest in instruments that can't be multiplied like money
■ So many costs are going up, only at the Fed is there no inflation
■ In gold and silver terms, the DOW has lost 80% in past 10 years
■ If gold was in a bubble, holdings would be much higher
■ Gold is relatively inexpensive now
■ Printing money causes dramatic asset inflation

contraryinvesting.com...



posted on May, 16 2011 @ 10:54 AM
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its only a matter or time before it all pops! when will that be is the only question



posted on Jul, 11 2011 @ 07:54 PM
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a must watch video!!! ty for posting

Gold today is : 1556 an ounce

off to google more on Faber!



 
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