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Wednesday, May 11, 2011

Marc Faber on China M2 money supply

Long-time commodity bull Marc Faber adds that China’s M2 money supply could be the trigger for further declines in commodity prices as the country’s interest rates are raised. The growth of China’s M2 money supply, which has exceeded the U.S. total, signals further declines in commodities and stocks as it boosts prospects for more interest- rate increases in the world’s second-largest economy, according to investor Marc Faber. in Bloomberg

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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