We have a lot of volatility in markets

Marc Faber : : Well, I think we have a lot of volatility in markets and they are, as far as I am concerned, fairly unpredictable because we have a lot of government intervention. We do not know whether QE3 will come about in America, some form is likely. We do not know about the bailout of banks in Europe, some bailout is likely. So there is a lot of uncertainty and the markets move according to momentum. For instance, is it possible for me that the euro just strengthened in the last couple of days as much as it has because the outlook for Europe is probably worse than for the U.S. So we have a lot of uncertainty and all I can say is the best for investors is to stay diversified. - in Bloomberg Surveillance