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Wednesday, February 22, 2012

The Final Crisis in Europe has been postponed

Marc Faber Bloomberg Radio - 21 Feb 2012 "The final crisis in Europe has been postponed by monetary intervention , it is not being resolved but it is being postponed and as you know the market is a discounting mechanism and therefor has rallied very strongly in the US , from the S&P low of 1074 on October 1st to now 1360 or thereabout so basically the markets are anticipating a resolution to the crisis "

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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