Tuesday, May 31, 2016

Marc Faber : The Fed will not move in June





"My view is that in June, they [the Fed] will not move; they will not increase rates," Faber stated. "The market will begin to perceive that the Fed wants to support active markets, which they have stated on numerous occasions before," he added. In that environment, "gold, which from now on may correct, maybe 5% or so, will start to move up again," Faber said. Faber recommends a diversified portfolio. "To own some real estate makes sense, to own some equities makes sense, to own some cash and bonds probably makes sense, and to own some precious metal makes sense." But Faber's view is some sectors will do better than others. "I can see more money printing in the future, which will lift some sectors," Faber said and went on to name them: "The most attractive assets in my view are gold shares and oil and gas shares. I think they still have significant upside potential this year." - in CNBC






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.

2 comments:

  1. You have amazing explanations of price actions. anyone who wants to learn forex trading should look at your stuff which has helped me tremendously with my trading.

    ReplyDelete
  2. BUY BANKNIFTY 17400 PUT ABOVE 383.50 T1 308.50 T2 423.20 SL 343.50

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