Wednesday, February 08, 2012

 
 
 

 
 
 
 
 
Marc Faber: Take your money out of stocks now
Advertisement
Tuesday, January 19, 2010
Text Size: increase text size decrease text size

From Newsmax:

The United States is “doomed” because it faces a large debt crisis, says Marc Faber, the editor of The Gloom Boom & Doom Report.

He believes that the consensus is wrong and a correction could occur sooner, partly due to complacency.

Huge rising debt and interest will affect the United States in the next five to 10 years.

Investors should take their money out of stocks since the upside is “limited,” he told Yahoo Tech Ticker.

Investors who are affecting the market right now could...

Read full article...

More on stocks:

Chinese banks are a disaster

A big sector reversal you should pay attention to

The 2 giant investment mistakes you're making right now

Topics: Guru | Commodities | Stocks
Facebook 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.