Saturday, August 20, 2011

Marc Faber latest Bloomberg interview - 19 Aug 2011

Dr. Marc Faber interviewed by Bloomberg TV on 19th August 2011 - Marc Faber : " well actually it may not ( The treasurys bubble) burst for a while because obviously the FED will keep short term rates at close to zero for extended period of time and likely there will be some wither official or unofficial type of QE3 and QE4 , but in my view an investor who today buys a ten year treasury with this kind of yield it is today at 2.08 percent is not going to make any money in the next ten years either because yields will go much higher or because the dollar will go much lower "

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