He does not recommend buying real estate builder stocks however, as those have increased a lot recently and are likely to correct.
Showing posts with label marc faber. Show all posts
Showing posts with label marc faber. Show all posts
Tuesday, April 10, 2012
Marc Faber: Buy Real Estate To Protect Yourself Against Wealth Destruction
Marc Faber is interviewed on Yahoo Finance on the 9th of April 2012 where he explains that home prices in the south of the U.S., in Arizona, Georgia, Nevada and so fourth, are relatively inexpensive compared to other asset prices and recommend people to buy real estate to protect themselves - or as he puts it: "lose the least" - against massive wealth destruction when that happens. He further explains that he does not know when the collapse will happen, maybe when the Dow Jones is at 20,000, 100 millions or 100 billions depending on how much money Mr. Bernanke is ready to print.
He does not recommend buying real estate builder stocks however, as those have increased a lot recently and are likely to correct.
He does not recommend buying real estate builder stocks however, as those have increased a lot recently and are likely to correct.
Monday, September 5, 2011
Marc Faber: The Euro Will Survive
Marc Faber was asked the question "What is your take on the future of the Euro ?" on Bloomberg Radio (August 2011) and answered:
I think it will survive... but the question is: will it survive as a Euro of France and Germany and maybe 2 or 3 other countries, and the other countries will leave, or will it survive as a Euro of the weak countries and Germany will leave? This is the big issue.
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