Friday, August 31, 2012

Marc Faber : Investors do not Trust the System anymore

Marc Faber : The global economy is in the process of decelerating very significantly , and I at the present when you look at Asia there is no growth , and if Asia does not grow I do not think that the other regions are growing rapidly either , at the same time we have zero interest rates so as an investor you want to put all your money in cash at zero percent interest may be with an institution like MF Global so there is a risk in holding cash , I think a lot of investors are in equities in bonds and in gold and in real estate for the simple reason they do not trust the system anymore , they do not trust the market anymore and rightly so rightly so , there has been an incredible amount of abuse and manipulation particularly by the federal reserve - in Bloomberg Radio Interview
Click here to listen to the whole interview>>>>>>


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