Thursday, January 3, 2013

Marc Faber : I think we will have a global Recession late this year

Marc Faber : "whenever everybody focuses on just one thing - Greece and Europe in this case - there are other things that are far more important - such as a meaningful slowdown in India and China - going on that are being ignored"."I think we will have a global recession late this year, early next year", to which a stunned Wapner asks for odds (surely 30%, 50%?) of this recession - "100% certainty" the only 'investment' in this case is 'Cash USD' and investors must own some gold. - in a recent interview with CNBC


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