Monday, March 15, 2010

Marc Faber : bullish on Japan and believes Gold can in general outperform Equities

The two perma-Bears Marc Faber and Mish Shedlock are both bullish on Japan



Marc Faber, editor of the Gloom, Boom and Doom Report. : we had more than 20 years bear market in Japan , and valuations compared to interest rates are low and I really feel that , that is a market that have been totally neglected , ten years ago and twenty years ago people were always rushing to Japanese stocks , now there is practically no interest says Marc Faber , but i like to mention one other point where I disagree with Mish , is that I do not think we will see another 666 on the S&P 500 ever again , if we go down by let's say 10-20% on the S&P 500, our money printer Ben Bernanke will flood the market with liquidity , so what will happen is that the dollar weakens again and thereby driving up stock prices. "I think that gold can in general outperform equities " Marc Faber added

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