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Wednesday, October 5, 2011
Stay away from the Emerging Markets at all costs
Emerging Markets--Stay away from these at all costs. All emerging markets are falling and making new lows. Even though Faber likes these longer term, they could still fall another 20%-30% before they would be good buys. These markets could even fall to their 2009 lows. However, this will represent a good buying opportunity because these markets will be the first to bottom. - in Seeking Alpha, from the Gloom, Boom & Doom Newsletter
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