Predictions – Peter Schiff, Marc Faber, James O’Shaughnessy

By on April 8, 2008

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Peter Schiff is a big believer in the gold bull market turning into a bubble. Asked to pick a stock trading under $10, Schiff recommended Northgate Minerals. Schiff was also bullish on the prospects of agribusiness company Syngenta AG.

James O’Shaughnessy has reached the conclusion that stock market returns over the past 10 years have been extremely poor so over the next 10 years they should do OK. He is very positive on the prospects of the financial companies.

Marc Faber, who has been one of the few voices of reason over the past year, feels the current rebound is a good opportunity to sell financials despite the desperate and pathetic attempts of the fed and government to prop them up.

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