vrijdag 11 januari 2013

Faber Vs. Schiff

Faber Vs. Schiff: "a magical combination".

Marc Faber points out:
Stocks are going to decline (consistent with the overly bullish sentiment in the market), in particular technology stocks.
Bonds can rally a little bit, but are not to be held for the long term by investors as sovereign bonds will not be safe.
U.S. dollar is very weak, even against the euro.
Marc buys gold every month.

Peter Schiff points out:
There are many shorts in the euro who need to sell out, so he's betting on a decline in the U.S. dollar.

 

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