Wednesday, August 17, 2011

Marc Faber : Oil will do well if there is a war

Marc Faber :  The next time we will have a global economic crisis it will be much worse than 2008 before it happens there will be money printing and there 'll be war , and then the whole thing will collapse , and that's why I am advising people you have to think it through , in a total collapse you do not want to own government bonds and cash , equities they do not perform well but at least you have the ownership of companies and precious metals in that environment do relatively well and of course Oil will do well if there is a war- in CNBC

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