As a safe investment option Faber estimates continue buying gold . " The possession of physical gold is for me personally an insurance against mischief , driving the governments . In the worst-case scenario, the government will not say : Oh, we have made a mistake " in the case of a crisis, the wealthy would have to bleed. " I do not think that the individuals' assets remain untouched " . . Also, the investment in the shares of gold mines is promising. " . The were virtually destroyed the last price drop and are now to have favorable" Who is willing to take risks , could also invest in Iraqi companies "A year ago I started to invest in Iraqi stocks The market is very , very cheap - . . , And of course, has his reasons . " However, the dangers were often exaggerated. " Channels like CNN are always looking for sensations and catastrophes. When the riots broke out in Bangkok , a road was affected. In the TV looked as if the whole country was on fire . The Iraqi economy is growing, and the oil production picks up momentum. " Skeptical Faber , however, for the other countries in the region . " Basically I see pretty black for the entire Middle East. , The U.S. has pursued a totally incompetent policy. Today there are more terrorists and al- Qaeda activities than before the intervention . " - via (In German ) http://www.wiwo.de/finanzen/boerse/marc-faber-boersenexperte-faber-warnt-vor-chinesischen-aktien/8887632.html
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.