Inflation - Investment legend Marc Faber "100% sure that the U.S. will go into hyper inflation"

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Investment legend Marc Faber "100% sure that the U.S. will go into hyper inflation"

Wednesday, May 27, 2009
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By Daily Crux Editor Brian Hunt:

Contrarian investment legend Marc Faber just made his requisite weekly Bloomberg appearance.

Faber is telling investors that the U.S. will enter into a Zimbabwe-style hyperinflation soon.

This would destroy the paper wealth many people store in banks as savings. To protect yourself, Faber recommends precious metals and Asian assets.

Read full article...

Crux note: Faber's Gloom, Boom, Doom Report is a great monthly commentary on his favorite investments. You can learn more about the letter here.

More Crux posts on Faber:

Marc Faber makes outrageous commodity call

Marc Faber: "The U.S. gov't for sure will go bust"

Marc Faber: "Gov't bond market is a disaster waiting to happen"

Topics:		Inflation \| Guru \| Boondoggle

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