Thursday, June 17, 2010
Spain is about to issue 10 years and 30 years bonds , but Marc Faber does not seem bullish on them ...he says better be in equities at this point than in Spanish bonds...Marc Faber says he prefers Gold and Gold Shares
Marc Faber :"I think any government intervention has unintended consequences and is negative"
The global economy is likely to slow in the second half of the year, according to Steen Jakobsen from Limus Capital Partners. But that doesn't mean that stocks can't continue higher, Marc Faber of "The Gloom, Boom & Doom Report" told CNBC Thursday.
Dr. Marc Faber Tomorrow's Gold
Dr Marc Faber was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna cum laude. Between 1970 and 1978, Dr Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In June 1990, he set up his own business, which acts as an investment advisor and fund manager.
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