Monday, September 26, 2011

Both equity markets and gold markets have become very oversold

Marc Faber : Both equity markets and gold markets have become very oversold, and I think a rebound is occurring,
Following this rebound, which I expect to get underway this week, there will be a longer slowdown. - in CNBC

Harry Dent : the FED is running out of bullets

Harry Dent with Kerry Lutz 26 Sept 2011 : the baby boomer generation the largest generation in our history which has been driving up our economy and productivity and have been buying homes and driving home prices up in the last 20 years , there was a peak in that around 20097-2008 ans baby boomers stopped buying homes started to save for retirement and eventually retired


Marc Faber CNBC Video Interview - 26 Sept 2011

Legendary investor Marc Faber, author editor and publisher of the Gloom, Boom and Doom Report, was this morning on CNBC , he talked about the outlook for the Gold market and how he thinks gold price will continue to fall to as low as $1100/oz by the end of the ongoing sell-off he also announced that he is looking to increase his equity exposure and he thinks that gold at this level is quite oversold and that he considers buying some gold in the next two days


Marc Faber : Gold Could Fall to $1100/oz

Dr Marc Faber told CNBC this morning that he expects Gold to continue to fall "We overshot on the upside when we went over $1,900," he said "We're now close to bottoming at $1,500, and if that doesn't hold it could bottom to between $1,100-$1,200." he added

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