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Sunday, December 26, 2010

Marc Faber on Bloomberg 10/26/10: QE2 to Drive Down Stocks

Marc Faber, publisher of the Gloom, Boom & Doom report, discusses the potential impact of further quantitative easing by the Federal Reserve on stocks."Crack-up Boom". That's the term Mises uses when he talks about hyperinflation.


I'm short Treasuries and long stocks right now. I also have a small cash position in case there are any attractive aberrations. The market is undervalued right now.  gotta love marc faber he is a prodigy when it comes to financial common sense. Yeah he sure loves women LOL. he sure likes to undress women reporters alot. heck if i was worth as much as he was. I don't blame him.
He's uncomfortable at 6:03 because he's been too bullish on emerging markets in the past. I guess now he realized they're in the same bubble trouble. Recently he said that he might see a drop in his Chineses shares, but he'll keep them.
Well, you cannot always be spot on, I guess.
MARC FABER BLOG

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