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Saturday, May 7, 2011

The Dow Jones vs Gold and Silver

In gold and silver terms, the Dow Jones over the last 10 years has already lost more than 80% of its value. "If it were a bubble a lot of people would have gold. The whole world would be trading gold 24 hrs a day. But I don’t think it’s really a bubble. I think may be gold is cheap." - Marc Faber in www.moneycontrol.com



Related ETFs: SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG) Agriculture Fund (DBA), ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT) United States Oil Fund (USO), SPDR Gold ETF (GLD), Powershares DB Agriculture ETF (DBA) SPDR S&P 500 ETF (NYSE:SPY), SPDR Dow Jones Industrial Average ETF (NYSE:DIA), iShares Russell 2000 Index (ETF) (NYSE:IWM), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ)
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
MARC FABER BLOG

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