Marc Faber Says Industrial Commodities are a Better Buy Than Gold
By Barron Maestro on January 12, 2009
Marc Faber recently pointed out that industrial commodities are the cheapest they have been relative to gold in 30 years. Faber also believes oil will eventually rise in price because of the limited supply and inevitable increase in demand. Faber likes Asian stocks since they are at levels they were at in the 1980’s. Faber thinks the current rally in stocks worldwide may peak in April before further major weakness ensues. Faber also advised to short U. S. government bonds, “big time.”
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