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Friday, May 13, 2011

Outlook For Gold, Commodities & Stocks

Marc Faber's Outlook For Gold, Commodities & Stocks : Long-time gold bull Marc Faber provided his latest thoughts on the price of gold and silver on Tuesday at the New York Hard Assets Investment Conference. " When everybody thinks alike, I become very defensive,” “I’m deferring any new purchases of the beneficiaries of the inflation trade, except for gold.” Marc Faber was reported to have said Tuesday at the New York Hard Assets Investment Conference , Marc Faber reiterated his bullish outlook on gold but made cautious comments on stocks and cyclical commodities according to , contrarian investor Marc Faber is known to be a long time bull on gold , silver and commodities in general

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.

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