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Saturday, January 14, 2012

Marc Faber : The ECB is already monetizing

Marc Faber : .....I think what's happened through back door actions the ECB is already monetizing.Because if the ECB wasn't already monetizing, then the euro would be strong. they have increased their balance sheet and so forth. so I think that much of any downgrade is already priced in. the question is whether the downgrades will be sufficient. - 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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