Noteworthy Pundit: Marc Faber's 2009 Predictions [View article]
Marc Faber is a smart fellow, it's hard to question his well founded judgments. He does suggest staying diversified, and for me the ten million dollar question is...which direction is the dollar headed?..both camps make good arguments..Schiff and Faber vs say guys like Jack Crooks..if all assets are to decline, why would metals not be included in that argument? If oil is to stay in the $35-$55 range, then gold stays in the $700-$1300 range? Yet the dollar is a major wild card in the whole strategy, correct? Real estate and equities will take the scenic route to recovery, imo, although again the dollar will be a major factor, correct? So the dollar is "the" big wildcard, correct?
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Marc Faber is a smart fellow, it's hard to question his well founded judgments.
Dec 30 12:37 pm
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All Comments by scotty1560 »Noteworthy Pundit: Marc Faber's 2009 Predictions [View article]
He does suggest staying diversified, and for me the ten million dollar
question is...which direction is the dollar headed?..both camps make good arguments..Schiff and Faber vs say guys like Jack Crooks..if all assets are
to decline, why would metals not be included in that argument? If oil is to stay in the $35-$55 range, then gold stays in the $700-$1300 range? Yet the dollar
is a major wild card in the whole strategy, correct? Real estate and equities
will take the scenic route to recovery, imo, although again the dollar will
be a major factor, correct? So the dollar is "the" big wildcard, correct?
Opinions welcome.