Monday, October 28, 2013

Marc Faber : The Wealthy could lose big if Fed stops Money Printing

Marc Faber : "If you think that high end will never lose anything …," he said. "This is all the result of quantitative easing. The Fed wanted to get the stock markets going. That's what QE-1, 2, and 3 are all about. Move people out the risk curve, and so far it's worked."

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

1 comment:

  1. I lost big listening to the Gloom Boom Doom Reports: gold! miners! stock crash! translate: 25% loss. Thanks.


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