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More Gloom and Doom From Marc Faber
Posted by: CanadianValue (IP Logged)
Date: September 6, 2012 09:51AM
An interview with Faber who reveals he bought European shares in Portugal, Spain, Italy and France a couple of months ago at the market lows. He would not buy more right now, but would on a ten percent correction.
Faber believes that eventually the financial system will go broke, but before it happens there will be lots of additional money printing which could push the Dow up to 100,000.
We are currently having a significant slowdown globally with all regions contributing.
Stocks Discussed: SPY, DJI, QQQ,