Marc Faber on The Financial Sense Newshour with Jim Puplava 09 July 2010
Dr. Marc Faber author and editor of the Gloom boom and Doom report advises against the use of leverage for small investors , Marc Faber says that he is not sure about deflation ,he believes that the Gold bull market will continue and along the way of this bull market corrections may happen ....Marc Faber is not convinced that bonds will rally past their previous 2008 highs "All I have to say to deflationists : if they're right and we have wide spread deflation I am not sure that treasuries will rally because the fiscal deficit will go ballistic and the quality of the government debt will diminish " says Marc Faber...Faber believes that the stock market may have topped in April , The Federal Reserve have been bubble blowers and Obama is a complete disaster says Dr. Marc Faber , stocks will outperform bonds says Marc Faber ....finally due to the coming hyperinflation Marc Faber recommends some gold, equities, and some cash. But no bonds.
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