Saturday, June 2, 2012

Marc Faber : The Chinese Economy is much weaker than what analysts suggest

Marc Faber : ...But how the Chinese economy is doing, you only need to watch at the industrial commodity prices and how weak they have been , because if you look at the year's 2000 to today, industrial commodity prices and the chinese stock market correlated very closely. Ande so when industrial commodity prices are weak, it tells you something about the health of the Chinese economy and I think the Chinese economy is much weaker than what analysts suggest - in CNBC
Click here to watch the full interview >>>>>>

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.