Marc Faber sees great opportunities in Brazil

Dr Marc Faber, the author of Gloomboomdoom in his report of July 1st said he was very optimistic about Brazil and Latin America in general :
"The world has undergone profound changes over the last twenty to thirty years . places that were unlivable in the seventies and eighties have now become attractive cities and countries to live and to work in and are also attracting large foreign investments . many of my readers ask me where they should move to . i think that there are now a lots of countries including Brazil that offer great opportunities . i should add that Brazil and Latin America have survived the financial crisis relatively well "

Marc Faber predicted the 1987 stock market crash , he was spot on when he predicted last march that stocks will rally and that industrial metals will out perform gold , and that is exactly what happened , Marc Faber managing director and founder of Marc Faber Ltd is also better known as the editor and publisher of the Gloom Boom and Doom Report