Monday, June 28, 2010

Marc Faber : advices to avoid industrial commodities copper, nickel, and zinc, for the time being

Marc Faber believes China’s economy will slow down and likely crash in 9-12 months. He suggests avoiding industrial commodities, like copper, nickel, and zinc, for the time being and avoiding companies exposed to Chinese economic growth. Faber finds wheat, corn, and soybeans attractive and believes these agricultural commodities are in the process of making major lows.

MARC FABER – ALL CURRENCIES ARE DOOMED

“All governments will eventually have to be bailed out in the Western world. It’s either going to be through money printing or default.”
in Bloomberg

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