TGR: You have talked about Asian markets where good
opportunities still exist. How does Japan's quantitative easing impact
Marc Faber : Since the November lows, the Japanese market is up over
70% in yen terms and up 35% in dollar terms, so it has outperformed just
about everything. My sense is that whereas many markets like the U.S.
are closer to major highs, which may come this year, the Japanese
markets, after 23 years of bear markets, saw their historic lows at the
end of last year. The Japanese market was long overdue for a correction,
which is now underway, but I do not expect new lows. - in a recent interview with The Gold Report
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.