Wednesday, October 23, 2013

Marc Faber : The High End is at Record Highs

"We are in a gigantic asset bubble around the world with prices of real estate having risen a lot," he said. "The high end is at record highs. In the Hamptons, in Mayfair, London, Hong Kong, Singapore, and we have a high inflation overseas, so I think that one day this asset inflation will lead to deflationary collapse one way or the other."  - in CNBC : 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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