Marc Faber Interview

An interview with Marc Faber. I am amaze that he can describe the key points of a chart without looking at it. He must have everything in his head.

Some points:

• Asian market has bottomed in Oct / Nov 2008.
  
• Copper has bottomed.
• Expecting a correction and another push into July 2009.
• Inflation will be a problem when the economy starts to recover.
• US bonds will be in a bear market in the next 20 years.
• No green shoots, but just less bad news.
• Commodity price will go up higher than equity.
• Low interest encourages speculation.
• Gold will correct to the downside but it is a good buying oppurtunity.
• Mining, natural gas stocks is inexpensive.
• Start nibbling on real-estate in Asia.
• Bush and Obama are disaster.

Part 1 of 2:

Part 2 of 2: