CNBC-TV18: You sounded a bit cautious of late. Tactically, are you expecting a phase of risk-off in global markets anytime soon?
Marc Faber : We had a huge rally since
November and it has basically begun in March 2009 for most markets. I
think that the markets are getting very frothy at present and whether
this is approaching a longer term top or whether we have just a
short-term peak, the correction remains to be seen. But, in general, I
would be careful of buying indiscriminately in this market. - in CNBC-TV18