Marc Faber on Bloomberg 01/25/11 Must Watch

[hugolp]

He talks about Obama and Bush at the beginning and insinuates the president is a prostitute.

Faber is predicting a correction in the next three months, with USA equities going down 10%, emergin markets going down 20-30% and gold going down 20%. The correction could be even stronger in industrial commodities. In the long term the inflation trade will continue.

Towards the end the interviewer says that Bloomber audience tends to be fairly austrian.

 

[youngbuck]

Thanks for posting. It's always nice listening to Faber.

 

[ClayTrainor]

Gold going down 20%????

 

[Sonny Burnett]

Gold going down 20%????

Gold is currently going down as a correction due to the Euro strengthening. This is a correction, give it a few weeks and it will restart its upward trend and take out its all time high.

 

[WilliamShrugged]

bump

 

[the count]

Seems to me that as the Euro and the Dollar can't both go down against each other, they are constantly going down and up like a see-saw to kinda hide the fact that both are doomed.

PS You guys getting whats happening over in north Africa? Tunisia, Algeria, Egypt...? Next Greece, Italy, Spain???? Its the end of the world as we know it....

 

[HOLLYWOOD]

Gold is currently going down as a correction due to the Euro strengthening. This is a correction, give it a few weeks and it will restart its upward trend and take out its all time high.

Jim Rogers out with "How the US and UK governments Lie to you about INFLATION...

http://jimrogers-investments.blogsp...g&utm_medium=Twitter&utm_source=SNS.analytics

January 28, 2011

The US And The UK Lie About Inflation


"Most governments acknowledge it - India, China, Norway, Australian, Taiwan - it is only the UK and the US who say there is no inflation, but they lie about it." - in CNBC

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

 

[hugolp]

Seems to me that as the Euro and the Dollar can't both go down against each other, they are constantly going down and up like a see-saw to kinda hide the fact that both are doomed.

PS You guys getting whats happening over in north Africa? Tunisia, Algeria, Egypt...? Next Greece, Italy, Spain???? Its the end of the world as we know it....

Food prices going up has a lot to do probably, and some interests using it too.

 

[wildfirepower]

Gold going down 20%????

Emerging markets correction 20% to 30%.