Posted 9:30 AM by Dil
3/3/2008
Dr Boom
credit bubble deflated to a certain extent
google
apple
rim
amazon
another 30% down google

emerging marketchina, india

long term US treasury bondsmost overvaluedtotal disappointment for investors
look out 10 yearsbonds rise substantially

cambodia
open economy
FDI
regulatory agency

Laos, Mongolia, Myanmar

yarak
verneland
sinofert

south african gold shareswould be only thing to buy

Posted 10:53 AM by Dil
How do you buy Cambodia?
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aoqvowNTKToE

Posted 10:48 AM by Dil
Brilliantly prescient
July 18 2007

Roagers, Faber and $42 billion Fischer Investments
Fischer - minor volatility of subprime
Rogers - sell the dollar patriotic be
Faber - will be big problems
buy gold, commodities, sell dollar

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=af6Mc7fp7Vcs

Posted 9:53 AM by Dil
Interview CNBC

Lat 25 years east monry

If you liquify, you get worse problems later.
Measure infl properly in US, would be 5-7%
would be no growth in last years

truck index, sales tax receipt all down year on year

unfavourable fro bonds and equities
metals suookies limited
gold is good

not sure will continue to drift against euro
US current account is not growing
more tightness in market fir US dollars

could be bad for emerguing markets

feel sorry for Bernanke
geared towards consumption not capital formation
savings should be encouraged

not correlated to the financial markets

easing may not be beneficial if long end increases

most vuknerable asset class is emergeing stock markets

Posted 9:39 AM by Dil
The U.S. Dollar and the Euro
“In the long run, to own dollars is not very desirable,” Faber said. But he added that the dollar could surprise in the short term, and that is why he would pick it for a quick investment over the euro.
He said his view is that the U.S. dollar will lose value against hard assets that can’t be increased in supply easily. But don’t think he just has negative comments for the dollar and the euro. Remember, this is contrarian analyst Marc Faber:
“All paper money is doomed to fail! It is doomed in the long run,” he ended.


Why This Bubble Is Different
“This time around, it isn’t just one sector affected,” he said. Now the whole world is in a bubble, rather than one region or industry; thus, its implications are much larger. “When bubbles broke in the past…it signalled major changes in that region or industrial sector,” he said, but now the entire global economy could change.

“Even if the Chinese economy slows down, an absolute decline in demand is not likely,” Faber said. “By and large, demand for oil will remain the same.”


http://www.resourceinvestor.com/pebble.asp?relid=40175

Posted 9:09 AM by Dil
EMERGING MARKET CORRECTIONS

We can easily have a 40% correction from the 21,000 levels or even a 50% correction and that would not necessarily mean that the long-term upward trend in Indian equity is disturbed. You can easily have 50% corrections in bull markets. But to sit there and say, the US has problems and we don’t have any problems is ridiculous.

I think that gold is still attractive, I don’t think it’s terribly overvalued. If you have a money printer like Mr Bernanke at the Fed, who really doesn’t understand anything about economics, who essentially just prints money whenever there is a problem, of course that lowers the value of paper money against say money that can't be multiplied as easily.

The gold supply is limited and so obviously, the dollar goes down against gold or, if you turn it around, you can say gold goes up against the dollar. But in general, I think precious metals are still relatively attractive, but all these are also overbought now and probably due at some point for a correction.

http://www.moneycontrol.com/india/news/fii-view/sensex-may-test-14k-then-slip-to-12k-marc-faber/06/25/327434