Sunday, August 8, 2010

Marc Faber on The Calls for Dow 1000 and QE2

“Investors should’ve listened to me already six months ago, when I wrote that the Fed will continue to monetize, and this is my view , they will never let up ? … they will print and print and print, until the final crisis wipes out the entire system,” Marc Faber
“I think that massive quantitative easing will come between say 870 to 950 on the S&P and my inclination is to believe that the July first low at 1010 will actually hold , and that the worst the economy becomes the more they’ll print money and the more equities can go up,” Marc Faber.

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