Friday, September 14, 2012

Marc Faber: Fed Policy Will "Destroy The World"

The legend Marc Faber takes some time to speak with Bloomberg to discuss the Fed's recent announcement of QE to infinity. He sees relative undervaluation in Asian stocks compared to the recent massive out performance in the United States stock market (I couldn't agree more). How high will gold go and how low will the dollar go? To get a number Faber says that you need to call Mr. Bernanke, but in the mean time the trends are locked in place. He says that you want to own physical gold and hold it outside the United States (see Helicopter Ben Bernanke Delivers: Unlimited QE Forever for a link on how to do so through the services of Goldmoney).



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