Marc Faber : Well, why industrial commodities are weak has nothing to do with Greece. Greece is an unimportant player in the commodities market. Industrial commodity prices have performed miserably as well as the mining company because they anticipate or because they smell more meaningful downing in the Chinese economy, about which I have been warning for the last 6-9 months. - in NDTV interview
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Sunday, May 20, 2012
We can have a Rally in June but no new Highs
Marc Faber : I don’t think it is adequate in the long run. I think the market is coming much oversold. The sentiment is now very negative; I think we are heading into an intermediate low. We can have a rally in June but no new highs.- in NDTV interview
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Click Here to watch the full interview>>>>
Marc Faber : Better for Greece to Exit the Eurozone
Marc Faber : Regardless of whether Greece is in the Eurozone or it exits with huge losses, it must be taken on the Greek debt and I think for Greece itself, it would be better to exit the Eurozone. - in NDTV interview
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Click Here to watch the full interview>>>>
Marc Faber : Greece Closer to The End Game
Marc Faber : In the case of Greece, I think we are closer to the end and I think if Greece exited the Eurozone, we would figure a shorter market rally. If the market is very concerned in the near term, then basically the Greece exiting would be a solution. It may not be the best solution, but it is a solution that we should have implemented five years ago or three years ago. Now the debt level is far higher. - in NDTV interview
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Click Here to watch the full interview>>>>
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