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Tuesday, October 2, 2012

We Are Entering A Correction

Marc Faber : In fact, I am now bearish about practically all assets near term. I think we’re entering a correction time where there will be some disappointments, where stock markets can easily drop 20 percent. - in Money News

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Gold Has Had A Huge Rally And Needs A Correction

Marc Faber : Gold has had a huge rally — the low was $1,522 last December and we are now over $1,700 and I think we need a correction here. - In Fox Business News

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

The Thai Banks Are Safer Than Many Western Banks

Marc Faber : Now I happen to believe if you have money on deposit in Thai banks, it's much safer than if you have deposits with Citigroup, UBS, Royal Bank of Scotland and so on, because Thai banks don't have huge derivative portfolios. JPMorgan, they have trillions of dollars in derivatives. Nobody knows how to value this 'garbage.' - in China Post

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

MARC FABER BLOG

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