“‘Right now equities, bonds and gold are very over-sold,’ said Dr.Marc Faber – author of the Gloom, Boom & Doom Report – to Bloomberg on Friday, ‘and they could easily rally.’
Compared to the stock market however, ‘sentiment in bonds and gold is incredibly negative. In other words, as a contrarian I would rather buy bonds and gold than equities.’
Also giving a reading contrary to the headlines about ending QE which followed Ben Bernanke’s press conference last Wednesday, ‘Unless the economy has essentially fully recovered by mid-2014, more QE will be forthcoming,’ said Faber.”
http://goldnews.bullionvault.com/gold-faber-062420131
Related posts:
Feds tell Web firms to turn over user account passwords
NJ Supreme Court Says Judges Can't Do Stand Up Comedy
Hacker: US government tricked Anonymous into attacking foreign targets
Bitmine.ch - How's a bitcoin miner made - Episode #1
Peter Schiff: Buy Gold and Silver Now, Money Printing Until We Have A Currency Crisis & More
No Warrant Needed for Illinois Drug Wiretaps
Cops Nab 5-Year-Old for Wearing Wrong Color Shoes to School
UN Drug Bureaucrats Fret About Uruguay's Marijuana Legalization
Tunisia: financial offshore centre
Former Michigan assistant AG ordered to pay $4.5 million to gay student he stalked, defamed
Germany’s Bitcoin.de and Fidor Bank AG form partnership
The Thieves Who Steal Sunken Warships, Right Down to the Bolts
Alabama man sentenced to prison for tweeting ‘let’s kill the president’
Jury Nullification Activist Jailed 145 Days for Distributing Info
3-D Print Your Own Invisibility Cloak, And More!