"(Postponing problems) is not good news, but it is better news than if the whole Eurozone falls apart. It gives some time to maybe find better solutions. I doubt they will be found, but with money printing you can hide a lot of things and you can postpone problems as we have seen in the U.S.
- in Bloomberg TV Interview
Click Here to Watch The Full Interview>>>>>>
Friday, December 9, 2011
Marc Faber Outlook for The Market
Marc Faber : Right now, the market is in neutral territory. It was very oversold on October 4th when the S&P dropped to 1,074. Now around 1260, the upside in my opinion will be between 1,280 and 1,350 because there's a lot of supply around that area. But if there is some good news coming out of Europe, and good news would simply mean postponing the problems for another few years with some kind of money printing operation, either by that ECB or IMF or EFSF, lift stock prices higher."
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