Thursday, May 18, 2017
Marc Faber, expects The Turkish Lira to strengthen significantly in the near Future
Faber also revealed that he did not expect to see Turkish lira stocks rise, simultaneously urging people not to expect an increase in Turkish lira-based stock quantity at the current stage.
"The money central banks printed went to the U.S. stocks, bonds, dollar and real estate. I expect this situation to turn around," Faber said.
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