Tuesday, September 4, 2012

Marc Faber : The Indian Markets to move up & Currency to go down in next 5-10 years

Marc Faber : Well, basically in India the stock market has rebounded and the currency has been weak. If India decides to like the other central banks print money, the currency may go down and stocks and property prices may go up. I personally think that for the next three to six-nine months, equity markets will rather go down than up and a better buying opportunity will occur at some point in this period over the next nine months. But if you ask me, should you invest money in India for the next 5 to 10 years, then I guess that for the next 5 to 10 years, the Indian markets will move up and the currency will move down. - in ET Now
Click here to watch the full interview>>>>>>


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