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Tuesday, March 29, 2011

Marc Faber tips on Russia

Marc Faber : well now that I am in Russia I have to be optimistic about Russia… but Joke aside I think that the Russian market is an unappreciated market because the western media has no clue about Russia and they always write very negative articles about the political system here, the corruption when the corruption in Europe and in the US is about as bad as it is here or anywhere else in the world.
But the market here at least is very inexpensive and its a resource based stock market and technically I think the market is gonna break up on the upside right now and move up at least 10%." Marc Faber, publisher of the Gloom, Boom & Doom report, speaking from Troika Dialog's "Russia Forum" in Moscow to Bloomberg Television
interview with Marc Faber in Bloomberg's "The Pulse" from Russia. Unfortunately, embedding is not allowed so you must click on the link below for the interview.
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

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