Monday, February 27, 2012

Marc Faber not optimistic about the Euro

Marc Faber : well significant appreciation I doubt , but the Euro was very weak until just recently and recently testing strengthening and I think this strengthening might last a little bit longer , but I am not optimistic about the Euro , I think in general the US is in better shape than say the European economies and in the US we see some result of the money printing which is say the bottoming out of the housing market and slight improvement in economic activity - in Bloomberg radio
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Dr. Marc Faber Tomorrow's Gold





Dr. Marc Faber author of the Gloom, Boom and Doom report is a world class Investor, Doctor Faber 's typically controversial and contrarian views have earned him the label of Dr. Doom. Doctor Doom also trades currencies and commodity futures like Gold Natural Gas and Crude Oil.Even his harshest critics must admit that he's been unerringly correct in his market forecasts over the past three decades
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.