Sunday, August 18, 2013

Marc Faber : Cyprus was a Blueprint

 Marc Faber : I think what happened in Cyprus is a blueprint may be you have bank deposits may be not all of it will be paid to you , in some sovereign countries may be it will be paid to you and in others may be not depending on the quality of the banking system , but in general I would say if there is a collapse all banks will suffer and then I would imagine that cash would not be necessarily the safest investment .....

 - in the latest interview with the Prospect Group
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.

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