Wednesday, March 7, 2012

Marc Faber : In 2012 Invest In Gold & Stocks

Marc Faber : "Political risk was high six months ago and is higher now. I think sooner or later, the U.S. or Israel will strike Iran - it's almost inevitable,"
"Say war breaks out in the Middle East or anywhere else, (U.S. Federal Reserve chairman) Mr Bernanke will just print even more money -- they have no option...they haven't got the money to finance a war,"
"You have to be in precious metals and equities ... most wars and most social unrest haven't destroyed corporations - they usually survive,"
"If you can't live with volatility, stay in bed,"
"The Americans and the western powers know very well they cannot contain China economically.... but one way to contain China is to switch on and switch off the oil tap from the Middle East,"
"I happen to think the Middle East will go up in flames," Dr Marc faber told Reuters on Tuesday on the sidelines of an investment conference


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