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Monday, May 2, 2011

Interest rates at zero on US dollar

“I think the difficulty is what to do with money when interest rates are essentially at zero on US dollar then obviously people look at their portfolios and they see stocks that have dividend yields. In Singapore, Thailand, Malaysia, you can have stocks yielding 5% on the dividend. So, the money flows essentially into these stocks.” - Marc Faber
MARC FABER BLOG

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