Marc Faber, "by trashing cash the Fed has made stocks look relatively more attractive"

By on May 4, 2009

Marc Faber was recently quoted, “The markets that have the highest probability of having made major longer-term lows are resource-related equities, emerging markets, and Japan.” Faber explained, “At least in nominal terms, the global printing presses being run by the world’s central banks and fiscal deficits have begun to impact asset prices positively.”

Source:

http://goldnews.bullionvault.com/treasury_bond_043020091

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