Tuesday, June 29, 2010

Marc Faber The US is run by The Zimbawe school of Economics

Why you should invest in precious metals

Marc Faber : there are different economic schools , we have the Austrian school , the school of rational expectations , monetary schools and so on and so forth ...in The US we have a totally new school that is called the Zimbabwe school and it was founded by one of the great leaders of this world mister Robert Mugabe that has managed to totally impoverish his own country and that is the monetary policy the US is pursuing , if something goes wrong : print if it does not get fixed print more .....
When paper money is devalued what will you have to trade for goods or services. Trust in Gold, silver, platinum, palladium, copper, nickel, aluminum, brass, lead ;-) its all good!

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.