Marc Faber : we are surely approaching a major low in interest rates

Marc Faber, editor of the Gloom, Boom and Doom report, says this in an e-mail: "The Nasdaq was in a bubble at the end of 1999. It still managed to rise 30% to the March 2000 peak. Thereafter, it was all the way down. Possibly Treasuries rally more, but after a bull market, which began in September 1981, we are surely approaching a major low in interest rates. I am sure that over the next 10 years investors buying today U.S. 10-year T-notes and 30-year bonds will lose a ton of money." - via USA Tooday