June 29, 2012

Marc Faber recent updates

Commodities Bulls Have Thrown In The Towel. This weakness is a clear indication of a global economic contraction…fundamentals have been deteriorating for some time but now the eternal bulls have thrown in the towel. In other words, the perception has changed. - in CNBC

The Germans May Lose Patient And Leave The Euro. It`s quite possible that at some stage the germans will lose patient and they will exit the eurozone. - in CNBC

Central Banks Will Continue To Print Paper Currency. Central banks around the world will continue to print paper currency which will decrease the currency's purchasing power. - in ET

Marc Faber is a great contrarian investor and publisher of the Gloom Boom & Doom Report. He is well known for his accurace predictions of stock market crashes and other correct calls on different investment assets.