The dollar would be a weak currency In the long-term Said Marc Faber

Commodities are also about to top out said Marc Faber
Marc Faber was Interviewed this morning by the asian TV CNBC-TV18
he says that commodities are also about to top out , so he does not think that they are an attractive entry point anymore "es, I have had positions. Many resource stocks have more than doubled from the lows. Some have even tripled. I don�t think that it is a very attractive entry point to buy these commodities and commodity-related stocks.

Oil is up almost 100% from the lows. The demand for oil is still rising but not as much as before. There is plenty of flight. So, I just don�t think it is a very good time to buy."
and speaking about India he said that he would rather sell India than buy it " I think that India has of course good growth potential, but there are still lots of uncertainty, both political and economic. As a trader, I would rather sell India than buy it. But as a long-term investor, I would hold here in India."
and speaking about the Asian equities he said : "I have taken some money off the table. In Asia, we have lots of stock markets and lots of stocks that have reasonable valuation. I wouldn�t say very cheap, but reasonable valuation. If you have a long-term time horizon and have cash flow whereby you can buy more shares if they should go down, then I would say hold them. But as a trader, I think as of today I would rather sell than buy." he also mentioned that no paper money and at the top of the list the US dollar is desirable at this point :"In the long-term, the dollar would be a weak currency. But we have a lot of volatility and can go either way. No paper currency is very desirable. That is the problem." speaking about global markets and the high risk at entering equities at this time he said the gravy is out of the market and added :"I would say that the entry point for people who want to buy equities around the world is a high risk entry point because the global economy has bottomed out. There is little potential to grow very strongly. So, there will be disappointments in terms of earnings in the second half of 2009. The gravy is a bit out of markets. India was below 8,000 on the Sensex and has gone up almost 100%. I don�t think it is a very good time to make an entry into the markets except for traders"

Peak oil is real said Marc Faber to Bloomberg

The oil prices will continue to rally despite the depression
is it speculation peak oil or something else that pushes the oil prices to sky rocket again ? some experts predict 80 to 90 dollars a barrel before the end of the year , peak oil is a reality said Marc Faber because the reserves are in decline , but what it is more scary is not the peak oil but the peak demand...Marc Faber was interrogated today among a panel of other experts by Bloomberg about the oil prices continuing to soar despite the economy is still not out of the tunnel , this is not probably a sign that the economy is picking up again it simply reflects the weakness of the dollar and the fact that countries with huge dollar reserves are trying to dump those dollars in the market purchasing commodities and oil in particular before the dollar crashes under the weight of the trillions that have been printed out of thin air lately by the FED ....so it is not the economy that is picking or the peak oil scenario it is simply the fact that countries are trying to get out of the dollar bill