13 hours ago
Friday, March 5, 2010
Some Basic Investment Advice from Dr. Faber
If you follow Marc Faber in the news you quickly notice that he has the habit of repeating himself. That's what someone with a good point tends to do. One of the overriding themes in his commentary is that governments (namely the American one) are printing like there's no tomorrow (maybe there isn't).
It's not a complex concept to understand. Even the caveman economist can explain it : Print lots of green paper + economy not grow = inflation.
2 + 2 = 4.
Lots of inflation = gold good.
Forget US Stocks-Buy Gold Every Month 'Forever': Marc Faber - CNBC