Friday, December 26, 2014
My Diversification is about a quarter in Equities, not in US Stocks
REGAN: Okay. Real quick before I let you go, I know you like gold. Anything else you’d be telling investors to buy right now in this uncertain global environment?
MARC FABER : Because in this unsettled global environment nobody knows how the world will look like in five years’ time, Alan Greenspan said the same, he doesn’t know, I would be diversified. And my diversification is about a quarter in equities, not in US stocks. I like other equities better. And some bonds and cash and some gold and some real estate.
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.
Posted by Nicole Bourbaki