Monday, April 9, 2012

Marc Faber : Forget Treasuries, Housing Is the Place to Hide

Marc Faber: Forget Treasuries, Housing Is the Place to Hide

Marc Faber : “The Most Important Thing in Investments is to Hear What is Not Discussed!” is so striking.
“I think investors should start to think what investments will go down the least when there is massive wealth destruction,”
“I happen to believe that home prices in the south of the U.S., in Arizona, Georgia, Nevada and so fourth, are relatively inexpensive compared to other asset prices.” Marc Faber told Yahoo Finance via skype from his office in Thailand.

Marc Faber : The U.S. Economy remains Anemic

Marc Faber : “The technical underpinnings of the market have been a disaster in the last couple of weeks,” “The number of new highs have declined, the volume has been poor, insider sales just hit a record.” ... “I still feel we are in a correction period and again like in equities, it’s a correction that is somewhat more serious." Dr. Marc Faber said on the sidelines of the Maybank Invest Asia conference. - in CNBC

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