Monday, February 28, 2011

Marc Faber : Buy Oil , Energy Shares and Housing

Marc Faber :..".well I think from here onward stocks will move very selectively I happen to like energy because if the economy surprises on the upside demand will pick up , in actual facts the demand in developed countries has picked up and in emerging economies it continues to go up " " you have to own some oil and if you are very bearish about the world it's a nightmare scenario in the middle east and I don't that Saudi Arabia can offset the production shortfall of Libya and Saudi Arabia itself is very vulnerable and so I'd say under any scenario I would own some oil and energy shares , but they have rallied a lot and they are overdue for a correction "...etc....


Marc Faber : Buy Housing Now : CNBC Feb. 28 2011 | Marc Faber, editor of "The Bloom, Boom & Doom Report", explains why now is the time snap up real estate deals.

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