Monday, June 22, 2015
Buy Treasuries And Precious Metals
"I have advised my investors [...] you have to have a diversification and that you should hold around 25 percent in stocks, 25 percent in real estate and, actually, today I just bought the 30-year treasury bond because I think that they are very oversold. "Given my negative outlook for the economy, I think that the treasury bonds market may rally once again and I would also hold some commodities, precious metals,"
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