Wednesday, July 24, 2013
Marc Faber : Worldwide, You shouldn’t Believe Governments, period
SMN: It’s true. It doesn’t seem like you can believe much of central bank numbers anywhere, including the Fed.
Marc Faber : Worldwide, you shouldn’t believe governments, period. I think you should believe market action. When markets go up, they give you a message, and when the markets go down, they give you a message. The only problem nowadays is that the messages from markets have been distorted by very significant government intervention into the free market, so you can’t rely on the information provided by the market participants any longer.
- in Sprott money News Interview : Click Here to watch the full interview >>>>>>
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Posted by Nicole Bourbaki