Monday, March 5, 2012

Marc Faber : QE3 depends on the S&P

Marc Faber : "QE3 depends on the S&P, if the S&P drops 100-200 points, then yes, for sure we will have QE3 but if the S&P stays here or even goes up, the likelihood of QE3 diminishes,"
“Bernanke targets asset prices, he doesn’t admit that, but he doesn’t want asset prices to go down,”
“The S&P went up from 666 on March 6 2009 to 1,370 (presently) so it has more than doubled and that has to do with QE1 and QE2,” - in CNBC 4 Mar 2012
Click here to watch the full interview>>>>..


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