Marc Faber : we already have a property bubble in China

Marc Faber, publisher of the Gloom, Boom & Doom report, said in a phone interview 19 Nov with Bloomberg Television speaking about Chinese economy ....:"....I think we already have a property bubble but it does no mean that the whole economy will go into recession , and I will add to it eve if there is a slow down in China it is a very large country like the US was in the 19th century and still is today , so you can have some sectors of the economy going into recession and other sectors still expanding.....

Marc Faber : Chinese investors may become big buyers of gold

The clampdown on property speculation may prompt investors to turn to the nation’s stock market, Marc Faber said. Still, shares are “fully priced” and Chinese investors may instead become big buyers of gold via ET Now