it is not wise to own U.S. government treasuries

Even if the deflationists are right, it is not wise to own U.S. government treasuries. The private sector reacted rationally during the crisis by conserving money, and the banks also held onto cash.  - Marc Faber at the Ira Sohn Conference



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