cash and bonds will be very dangerous in the next 10 years

Marc Faber : cash and bonds will be very dangerous in the next 10 years as governments increase money supply to cover fiscal deficits.
"There's no other way out but to print money," "In the long run, all paper money will go exactly to its intrinsic value, which is zero." Faber said at a forum in Seoul advising investors to protect themselves with real assets such as gold and silver.



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.

I would look at precious metals

For the typical investor, I would look at precious metals. They are now correcting on the downside, but I do not think there is a huge downside risk. I would recommend investors to gradually accumulate precious metals. - Marc Faber


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

the ugliest currency

" We are in a contest for the ugliest currency"
Marc Faber

The best currency is gold and silver

" I still believe the best currency is gold and silver, and this is not the perception of most people. They believe gold and silver are speculative investments"
Marc Faber

global food output

Marc Faber " global food output will have to climb 70 percent between 2010 and 2050 as the world population swells to 9.1 billion people and rising incomes boost meat and dairy consumption."

huge overhang of US Dollars globally

Marc Faber " there is a huge overhang of US Dollars globally. If people could sell their dollars and move into something they believed in, they would do it"
 in LewRockwell.com

Gold

" It is customary in most emerging countries to give gold as a gift to friends and relatives for birthdays, weddings, and to celebrate religious holidays"
- Marc Faber

Bubbles

" Bubbles require massive leverage"
- Marc Faber


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.

world oil demand

" The growth in world oil demand is showing signs of slowing over the last few months, affected by very high prices."
in Credit Writedowns 2 weeks ago

Gold prices rallying up to $4,869 per ounce by 2020

" gold prices rallying up to $4,869 per ounce by 2020, should current relationships between Asian demand and gold persist." - Marc Faber