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Friday, April 15, 2011

Inflation & The Federal Reserve Policy

Marc Faber : Everything is going up. Only at the Federal Reserve is there no inflation. In that environment, cash and bonds will lose value. Other good choices besides gold are commodities, real estate, art, collectibles and so forth, anything that essentially cannot be multiplied at the same rate as paper money, that is subject to the printing presses of Mr. Bernanke. One day they the Fed will increase it federal funds by a quarter percent. But what does it mean when commodity prices are going through the roof, energy prices are going up, health care costs are going up, insurance premiums are going up? - in CNBC

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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