Thursday, August 23, 2012

Marc Faber: Balanced Approach For the Coming Crash | McAlvany Commentary

Marc Faber sees two established trends in the last ten years one is the rally in commodities and the second is the rising of China " if you look at the years 1980 to 1998 / 2000 we were in a bear market for commodities and what has been striking for the last ten / twelve years is the very strong performance of commodities and obviously also of the Chinese economy that has really come a long way and is challenging now basically the largest economy in the world which is the United States , these are two well established trends " says Marc Faber

*Bubbles in Earnings and Treasuries
*Governments by nature are devious
*Gold as insurance against political stupidity

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