Thursday, June 2, 2011

Mish Shedlock, what Recovery , there is no Recovery

Mike Mish Shedlock , of Sitka Pacific Capital : we are seeing weakness across the board , we are seeing weakness in Australia we are seeing weakness in China , Italy came out today with an unexpected plunge in retail consumer spending , so where all does that lead ? and only so much of this you can blame on Japan I mean the whole world is not collapssing because we could not get auto parts from Japan


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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.