Marc Faber : the Euro and the US Dollar are both Sick currencies

Marc Faber : when Investors are going to realize that fiscal deficits are not going to come down that they'll stay very high , when they also see that one state after another is essentially bust like California and Illinois and when they see that monetization will become inevitable in the long run I think at that point the dollar will be weak but do not forget it may not necessarily have to be weak against the Euro both currencies are sick and so both could go down and ultimately you just have one or two sound currencies notably precious metals and I think the Asian currencies will also appreciates against the Euro and the US Dollar but notably precious metals will then be strong " -in Bloomberg