Marc Faber The US is run by The Zimbawe school of Economics

Why you should invest in precious metals

Marc Faber : there are different economic schools , we have the Austrian school , the school of rational expectations , monetary schools and so on and so forth ...in The US we have a totally new school that is called the Zimbabwe school and it was founded by one of the great leaders of this world mister Robert Mugabe that has managed to totally impoverish his own country and that is the monetary policy the US is pursuing , if something goes wrong : print if it does not get fixed print more .....
When paper money is devalued what will you have to trade for goods or services. Trust in Gold, silver, platinum, palladium, copper, nickel, aluminum, brass, lead ;-) its all good!

Improved economy lifts Zimbabwe spirits - 25 Dec 09

After years of Hyperinflation Zimbabwe seems to improve this Christmas after the government have decided to change the currency

Last year, residents of Zimbabwe were suffering with the highest rate of inflation in the world, an a chronic shortage of even the most basic goods.

But 12 months later, goods are back on the shelves of local grocers due in part to the government's decision to replace the Zimbabwe dollar with the South African rand and the US dollar.

The improved economy has lifted sprits across the country in time for Christmas.

But as Al Jazeera's Haru Mutasa reports, more than 85 per cent of the population is still formally unemployed, despite the improvements.