Wednesday, May 23, 2012

 
 
 

 
 
 
 
 
Marc Faber: Get out of the dollar... Buy these emerging markets
Advertisement
Tuesday, August 24, 2010
Text Size: increase text size decrease text size

From Newsmax:

Gloom, Boom and Doom editor Marc Faber advises investors to avoid long-term Treasury bonds and China.

"I think eventually inflation will accelerate," Faber told CNBC.

"Whenever food prices go up, and grains have been very strong recently, with the sum delay, you get inflationary pressures."

Faber expects the U.S. dollar will weaken.

“That's the policy of the U.S. government, to weaken the dollar in order to cushion the downturn in the American economy," he says.

He does, however, like the idea of investing in...

Read full article...

More from Marc Faber:

Marc Faber: Obama makes Bush look like a genius

Awesome Marc Faber quote astounds CNBC anchors

Gold predictions from Jim Rogers, Marc Faber, and Nouriel Roubini

Topics: Guru | Emerging_Markets | Stocks
RSS Feed

 
©2012 Stansberry & Associates Investment Research. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This website may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Stansberry & Associates Investment Research, LLC. 1217 Saint Paul Street, Baltimore MD 21202.