Commodities and Money Printing

Marc Faber : The problem is this: Mr. Bernanke decided to print money, and the Federal Reserve has done that for the last 30 years. When you print money, what the central banks can't decide is where the money will flow to. So it flows into Nasdaq from 1997 to 2000. Then it flows into real estate—until the collapse. In 2008 it flows into commodities. And now again it flows into oil and food. As these prices go up, it hurts the majority of the population.

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