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Saturday, May 21, 2011

US Bonds Could become Worthless

“Over the next 10 years, we won’t see any restrictive monetary policy anymore and no real interest rates above zero,” Dr. Marc Faber was reported saying to the German newspaper . Bond yields will “rise massively,” Marc Faber told the the German newspaper Handelsblatt explaining that bond yields will rise massively and U.S. government bonds could eventually become worthless as central banks worldwide , led by the Federal Reserve, keep on printing more money in an effort to boost economies,

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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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