Friday, February 8, 2013

Marc Faber : Anything can go up when you print Money

Marc Faber : "It has been stabilized for now, but the big question, as he said, is the imbalances have not been solved and these could come back and harm the markets and the euro at some point in the future. In terms of stock markets, I have advocated one year ago between April and June of last year to buy European stocks in Portugal, Spain, Italy, Greece and France because they were extremely depressed. Since then, the markets have rallied very sharply. Greece is up from the lows by 100%. That tells you anything can go up when you print money." - in Bloomberg


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