Saturday, August 20, 2011

The Swiss Franc is not as good as Gold

Marc Faber : I do not think that the Swiss Franc is as good as Gold because it is also essentially managed by a central Bank and nothing that is managed by a central bank is a hundred percent reliable , but the Swiss franc will remain a better currency than the US Dollar , having said that we also went down on the Swiss franc against the US Dollar by ten percent whithin just a few days ... - in Bloomberg 19 Aug 2011

Marc Faber latest Bloomberg interview - 19 Aug 2011

Dr. Marc Faber interviewed by Bloomberg TV on 19th August 2011 - Marc Faber : " well actually it may not ( The treasurys bubble) burst for a while because obviously the FED will keep short term rates at close to zero for extended period of time and likely there will be some wither official or unofficial type of QE3 and QE4 , but in my view an investor who today buys a ten year treasury with this kind of yield it is today at 2.08 percent is not going to make any money in the next ten years either because yields will go much higher or because the dollar will go much lower "

Marc Faber Top 5 Suggestions For Investors

Dr. Marc Faber spoke to to Jonathan Burton, of MarketWatch.com and he gave him 5 top suggestions for a safe investment . Dr Marc Faber is not happy at all of what he sees in the world economy with the exception of Asia where he is looking at dividend producing stocks ,he does not like the way the government around the globe are printing money as if there is no tomorrow , but he is actually more optimistic about stocks in relation with treasuries cash and other paper assets ( Cash is trash ) and he is obviously quite bullish on Gold but not ETF just physical Gold , he sees gold as an alternative currency developing instead of the US dollar :
1.) Avoid Treasuries.
2.) Cash is trash. 
3.) Stocks offer some safety.
4.) Emerging markets will expand.
5.) Gold is worth its weight.
Read More @ Barron‘s Blog >>>>>



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