Marc Faber News Blog Investments and Trading Ideas - A Tracking Blog About Dr. Gloom Boom & Doom Marc Faber , Daily Tracking of Dr. Marc Faber Investment Strategy , Market analysis , Outlook & Media appearances
Monday, March 28, 2011
What is happening in the Middle East is friendly for gold : Marc Faber
"...what is happening i the middle east is of course friendly for Gold and friendly for Oil and other commodities , I mean the mess in the middle east will only increase over time nothing has been solved , in Libya we have basically a civil war not necessarily about democracy , there is one group of people that wants to oust Ghaddafi , may be rightly so , but all these things are basically indicating including the earthquake in Japan that central banks will continue to pursue expansionary monetary policies , they keep interest rates artificially low and that boots obviously equities and also commodities " Dr. Marc Faber told Fox Business News recently
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