Dr. Marc Faber of the Gloom, Boom & Doom report talks with Bloomberg’s Pimm Fox on a range of timely topics including the global economy, stocks, commodities, and the European bailout which he see’s as a move to save the banks, not Greece.
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As for his investment stance, it’s no surprise that he’s still quite bullish on precious metals, noting that they could go “to the sky” given all the money printing now being done by central banks. He’s much less sanguine about equity markets.
