Doom and Gloom

Sunday, January 06, 2008


Marc Faber

Gold prices will be under pressure soon
December 21 2007

http://angelangie2008.blogspot.com/


monthly column in AME

December - keep buying Gold
http://www.ameinfo.com/news/Dr__Marc_Faber/


"…while I find the gold price to be currently somewhat overbought, I still think that gold will be one of the best investments over the next couple of years."However, the contrarian investor points out he only recommends gold because of the special monetary circumstances that global investors find themselves in."I wish to add that I am not a gold bug. I would much prefer to live in a world in which central banks' top priority was to safeguard paper money's purchasing power and its function as a 'store of value'."

http://www.abnnewswire.net/press/en/45080/Australasian-Investment-Review.html


October 2007
Bubbles outside of US

Between now and Olympic Games, Indian and China market bubbles will collapse
Then lots of dollars flow back to US from outside of US, will strengthen US dollar


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