Marc Faber Says World Heading for Major Inflection Point

“Instead of interest rates going down, they could start to go up, instead of the dollar being weak, it could strengthen,” “I’m ultra-bearish on everything, but I believe you’ll be better off owning shares than government bonds.” Investors should buy stocks and sell cash and bonds because governments are continuing to print too much money and may create a new “credit bubble,” Marc Faber, publisher of the Gloom, Boom & Doom report, told reporters during a forum in Seoul today 12 Oct 2010.

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