Marc Faber – Excellent Insights

Marc Faber in a thorough 21 minute interview on King World News:

  • Global markets overbought – though he’d rather have Asia’s problems than western economy problems
  • Gold market oversold – though the idea that the great asset inflation that has risen all assets may be coming to an end (not what most KWN listeners want to hear, as they tend to be mainly gold bug types)
  • US – climate for business is terrible, except for those close to Mr Obama and those with the money for high priced lobbyists
  • Major changes needed in economies

Listen to the interview here:

Marc Faber KWN

image from Fabers’s website, gloomboomdoom.com

More on Marc Faber here