2011

Gonzalo Lira : ....there will be no buyers for these treasury issues that are going to be necessary to finance this tremendous deficit so this talk that QE2 is going to end prematurely is all baloney , there are simply no buyers , China is not buying nor is Japan which has to deal with its own problems , the only buyer out there is the Federal Reserve , Gonzalo Lira believes that when QE2 is going to end in June it is going to be somehow extended they are going to have because there simply no buyers.....we should instead cut military spending , these two wars are pointless says Gonzalo that will be real deficit reduction..

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.