Subscribe via Email:

Wednesday, October 5, 2011

Short Term Bullish on US Dollar

It's true that the dollar has no intrinsic value and is being printed into infinity, but the US dollar will be your best friend for the next few months. As global liquidity contracts on EU debt concerns and a possible hard landing in China, Faber advises investors to be long the dollar. Note this is a short-term call; longer term the dollar is going to zero. - in Seeking Alpha, from the Gloom, Boom & Doom Report

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.


Popular Posts