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4/9/11

Marc Faber: stocks and commodities will rise in price?


"Disorder in the Middle East will only increase with time ... All this is symbolic things, including an earthquake in Japan. Central banks (worldwide) will conduct a soft monetary policy to keep rates low. This will lead to higher prices of stocks and commodities, "- says the publisher of investment newsletter Gloom Boom & Doom Report Marc Faber in an interview with Fox Business Network.
In particular, Faber offers to buy gold - but only if it is cheaper. "We live in a time of very high volatility, the correction may amount to 10-20%.And every fall, I would buy gold. Long-term prognosis for his good, "- says Faber. Now gold is $ 1,439 per troy ounce (plus 2% YTD).
source:.forbes.ru

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