MARC FABER: WE WILL SEE QE99!

(zerohedge.com) “If you believe that [Bernanke] means what he says,” explains Gloom, Boom, and Doom’s Marc Faber to a spell-bound Trish Regan on Bloomberg TV, “then you believe in Father Christmas.” Simply put, Faber adds, “we are going to see QE99,” and while he notes that equities, bonds, and gold are “very oversold,” he would “rather buy bonds and gold than equities.” From his views on Laszlo Birinyi to inflation, the ‘taper’, US housing, and China, Faber calmly warns that “the S&P could drop 20-30% from the recent highs – easily.”

“The only thing that I know is that I want to own some physical gold because I don’t want all of my assets in financial assets.”

Go to story

-----
TIP: American families and individuals seeking the benefits of jurisdictional wealth diversification, asset protection and prudent global investing, find out more about ONE Trust, a complete multi-jurisdictional solution for US persons >>>