Q : Last time when we interacted, you were bullish on wheat, you were bullish on orange juice and you were bullish on sugar. Do you still like all these 3 agri commodities?
Marc Faber : Yes, I still like these commodities, but because they moved up so strongly, I would be a little bit careful about mortgaging my house and buying all these commodities. They will continue to move higher, but corrections can occur. What disturbs me is this kind of universal belief that you have to be in commodities, you have to be in precious metals, you have to be in equities and not in cash because governments - in others words central banks - will keep on printing money and the value of paper money will go down. I agree with that but as I pointed out, we can still get meaningful corrections as occurred in 2008.
in ET Now www.economictimes.indiatimes.com
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