Monday, April 11, 2011

SOS Where to puy your money 2011, Marc Faber



  1. Gold - careful at the current gold price expecting meaningful correction (2 points to consider, gold shares may be undervalue)

  2. Silver - also expected correction

  3. US Dollar Index - 75 (few years low is 71). Sentiment has been week against many other currencies, may rebound before it goes into zero intrinsic value

  4. Asia - economic boom, cost of inflation has gone up substantially. Hence, they look at stocks, properties and considering gold as another asset class.

  5. Stock market in USA - what drove - zero interest rate & QEs (going into equity and commodity)

  6. Ben is the murderer of the middle class of USA

  7. Civil unrest in USA - quite possible at one stage - cronyism

  8. If you have USD10m, 25% in real estate, 25% stocks, 25% gold and 25% (cash equivalent)

  9. Real estate - reasonable in USA at certain price

  10. Bye Bye

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