Sunday, August 5, 2012

Marc Faber : Copper Zinc & other Raw materials still provide Opportunities

Marc Faber : “Markets are very volatile and requires a lot of courage to borrow short position,” “I do not wanna be” short “in terms of copper because its price can be manipulated, because there are so many players in this market.” “Oil, copper and gold prices rose on Friday after the GDP growth in China for the second quarter from 7.6% expectations and hopes for that government will continue to lower interest rates to stimulate the economy. “I think investors should realize that the effect of the slowdown in China, which I think is much greater than what the Government reported, talked about quite a weak economy,” said Faber. - in a recent interview with CNBC


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