Marc Faber : Obama is intellectually dishonest and nothing has changed.

Marc Faber :.."...I think what should happen in the US is for the president to tell the US, you have to tighten your belts. 'We have to go through hard times for 5 years to repair the damage that was committed over 20-25 years by the Federal Reserve, by the Treasury, by the politicians, and somebody has to tell the truth. But the politicians keep on fueling the illusion that you can spend yourself out of the misery, and that by printing money you will improve the economy, which is not the case...."

in Bloomberg

Marc Faber : Natural Gas is relatively inexpensive

Marc Faber :..".....I wish I knew, but I think natural gas is relatively inexpensive. In general, entry prices will go up in the next few years. We may have corrections. I do not know which asset class will be the best performing in 2011. I just can give you asset classes that are relatively inexpensive. These would relate to markets like the Middle East, Vietnam and Russia, which is still reasonably good valued. The big move in equity occurred between March 2009 and the end of last year, and in some markets, it was earlier in April 2010. From here onwards, the upward move will be much more difficult. ...."
in ET Now

Marc Faber : you will be better off in equities and commodities than in government bonds and cash

Marc Faber : ..."...I am very negative about the world, because I think that what caused the crisis in 2008 was excessive credit growth, excessive leverage in the system, and now the private sector is deleveraging, but governments are printing money, and through huge fiscal deficits are creating even more debt growth. So in other words, what killed the economy is now being applied to revive the economy, and I think this will lead to a disaster. But if you think it through and you believe in the disaster scenario I’m envisioning, then you will be better off in equities and in commodities than in government bonds and cash....."
in  www.bbc.co.uk

Marc Faber : US Treasuries are a suicidal investment

Marc Faber : "..... In the long-run, for sure US Treasuries and most government bonds are a suicidal investment. But as a shorter-term timeframe, and I think for the next three months or so, I think we have a situation where stock markets have become very overbought, and emerging markets in January, most of them failed to make new highs above the November, December highs, and recently some of them have sold off very considerably, plus the Chinese market is giving you a signal that something is not right in the Chinese economy, because it is going down. For the next three months you have to shift out of the Emerging Markets, they may correct 20-30%, out of industrial commodities, on a relative basis. And I think the sentiment, just recently, was overly optimistic on the reflation trade, and overly negative about treasury bonds, so treasury bonds right now are oversold, and as of tonight I got the buy signal on US Treasurys. I think Treasury are the best place for the next 3 months, as is the US dollar. I think a correction is coming in the range of 10% in the S&P and 20-30% in the emerging markets. ..."
in Bloomberg TV

Joseph Stiglitz : Euro volatility ahead

About Joseph Eugene Stiglitz
He is an American economist and a professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John Bates Clark Medal (1979). He is also the former Senior Vice President and Chief Economist of the World Bank.Nobel prize-winning economics professor Joseph Stiglitz speaks to Axel Threlfall of Reuters Insider about the major themes of this year's World Economic Forum gathering in Davos, Switzerland.