Wednesday, December 18, 2013

Marc Faber Dumps Cold Water On CNBC's U.S. Stock Market Celebration

Marc Faber provided the shocked CNBC studio with a sobering outlook on the financial markets yesterday afternoon. He feels that cash and precious metals are currently the two most hated assets on the planet. I am steadily accumulating both of those assets right now, which comforts me to hear from Faber (who travels and speaks with people continuously all over the world) how hated they actually are. The reason why it comforts me is a topic I reviewed in detail a few months ago, where I discussed how I look through the lens of the world in terms of both investment and business decisions. See:

Newton's Cradle: Visualizing Asset Prices Through Capital Movement

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