Singapore, Hong Kong , unlike The US are Wealthier than 15 years ago

The difference between the wealth and income inequality in Singapore and Hong Kong, and that in the US, is that most people in these two cities (the so-called 90%) enjoy better living conditions than 15 years ago and their net worth has appreciated, whereas in the US this is not the case.

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

I would hold Physical Gold. Preferably in Singapore, Hong Kong or other Asian countries

 Marc Faber : All I want to say, I would hold physical gold. Preferably probably in Singapore, Hong Kong or other Asian countries. And gold shares are a trading opportunity because they’re so oversold and along with the performance of gold prices they should re-bounce quite strongly. - in goldswitzerland

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Malaysia, Singapore and Thailand, do not have huge downward risks

"Between now and then, there will be opportunity in various asset classes. I recommend the investors to take a balanced approach to invest in equity, corporate bond, real-estate and gold," Faber told his audience during a luncheon talk organised by MIDF Amanah Investment Bank Bhd.
While he believes that equity prices are not likely to go up significantly from current levels, investors should keep their holdings in Malaysia, Singapore and Thailand, as these markets do not have huge downward risks. - in The Sun Daily


Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.