Friday, August 19, 2011

It is a suicidal investment to own 10-year or 30-year U.S. Treasurys

Marc Faber : “It’s a suicidal investment to own 10-year or 30-year U.S. Treasurys,” “U.S. government bonds are junk bonds.” - in Beacon Equity Research

The Federal Reserve is a very evil institution

Marc Faber : “The Federal Reserve is a very evil institution,” “in the sense that they punish decent people who have saved all their lives. These are people who don’t understand about stocks and investments, and suddenly they are forced to speculate.” - in MarketWatch

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