Tuesday, January 20, 2015

The Big Surprise in 2015 is that investor confidence in Central Banks Collapses



 “My belief is that the big surprise this year is that investor confidence in central banks collapses. And when that happens — I can’t short central banks, although I’d really like to, and the only way to short them is to go long gold, silver and platinum,” he said. “That’s the only way. That’s something I will do.”  Marc Faber said at Société Générale’s global strategy presentation last Tuesday



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.

1 comment:

  1. That's the fact that Higher commodity prices will generally push up revenues and to the extent that the cost of developing reserves stays stable, operating margins will increase.

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