Monday, January 25, 2016

The Markets will still go Lower

Marc Faber : I think the markets will still go lower. What we can have is the difficulties -- if you print money, basically something will go up and in the case of the last few years what has gone up meaningfully are stocks but that after 2011, stocks did no longer go up and may I remind you that the Indian stock market is still down 35 percent from its high in May 2008 and we are down last year 27 percent from the high in March 2015. So basically if you print money, you can lower the value of your currency and then you can have asset inflation.

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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.

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