Faber : China will become the center of the Universe

Marc Faber is no fan of China as a portfolio investment But thinks China will become the center of the universe
“We live in a new world. A world where the balance of power has shifted to emerging countries,” said Faber at the World War D conference in Melbourne today. ”Australia will become China-centric, period. It’s better to accept this view than miss out on great opportunities,” he said.- in Forbes


Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.