Marc Faber On Bloomberg – May 3, 2010

by Admin on 05/05/2010

Marc Faber On Bloomberg May 3, 2010

  • The Euro will remain weak, and there will be more bailouts
  • All government’s in the Western world, will all have to be bailed out
  • It is time to kick Greece out of the EU;
  • The best is for Greece default
  • The Chinese economy is going to slow down
  • We will likely have a Chinese crash in the 9-12 months
  • Chinese will become big buyers of gold if there is a crash
  • All currencies are doomed
  • Agricultural commodities look attractive
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