Marc Faber on Bloomberg 27 March 2009 said,
Few asset classes equity or commodities will be going up, not because of its fundamental improvements, but more so because of the printing of money by the Fed as well as the EU.
If everything is going up, what will be the consequence? INFLATION! A dollar today may buy you 2 apples, few years down the road, the same dollar will only buy you 1 apple.
So, diversified into other asset classes like gold or silver (physical or stocks), ETF in commodities, energy stocks or trust, agricultural stocks or ETF.
No comments:
Post a Comment