View Single Post
Old 03-16-2010, 06:58 PM   #5
Avalon Senior Member
Join Date: Dec 2008
Location: BC. Canada
Posts: 1,340
Default Re: What is Going on in The Dollar Loan And Physical Gold Markets?

Here's what Dr. Doom had to say about Gold & Farmland Feb. 22 article. Don't know about the Gold, but farmland makes sense to me.

The world’s most powerful investors have been advised to buy farmland, stock up on gold and prepare for a “dirty war” by Marc Faber, the notoriously bearish market pundit, who predicted the 1987 stock market crash.

The bleak warning of social and financial meltdown was delivered today in Tokyo at a gathering of 700 pension and sovereign wealth fund managers.

Dr Faber, who advised his audience to pull out of American stocks one week before the 1987 crash and was among a handful who predicted the more recent financial crisis, vies with the Nouriel Roubini, the economist, as a rival claimant for the nickname Dr Doom.


Last edited by waitinginthewings; 03-16-2010 at 07:06 PM.
waitinginthewings is offline   Reply With Quote