Moonwalking with Faber

By Simon Osborne | 2 July 2009
Keywords: marc faber
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The markets may be moving backwards while giving the appearance of moving forwards. Marc Faber shares his outlook at the AsianInvestor Korea Investment Forum.

The markets are reviving, and by the analysis of investor and commentator Marc Faber, speaking in Korea at the AsianInvestor Institutional Investment Conference this week, we saw the bottom when the S&P500 Index hit 666.

The terror on the screens may be over, but it comes at a price, and that price is paid in the debasement of the currency.

Markets may continue to soar, says Faber, but if the dollar in your pocket is going to depreciate, it's a scant consolation. In real terms, investment values may move backwards.

Faber feels our central bankers ...

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Magazine
Asian Investor Magazine
AsianInvestor
February 2010