Monday, March 1, 2010

Marc Faber: Geithner and Bernanke in charge? He'll keep his gold.

In this interview Marc Faber says don't trying to time the gold market, but adds that as long as he sees Geithner, Bernanke & Co. in charge, he'll hold onto his gold.

Faber also:
Recommends at least a 50% portflio weighting towards emerging economies.
Expects Japanese stocks to outperform both Europe and the U.S.
Stresses the need to diversify and avoid the overuse of leverage.
Believes U.S. bonds will be disastrous over the next 10 years.

It's a great watch, and you can see the whole thing on FT.com.



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