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10-27-2009, 10:59 PM #1
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Marc Faber, Dollar Will Eventually Go to Value of Zero
Marc Faber, Dollar Will Eventually Go to Value of Zero
Bloomberg
Tuesday, Oct 27th, 2009
Marc Faber, publisher of the Gloom, Boom & Doom Report, appeared on Bloomberg today, expanding his view on the inflation/deflation, strong and weak US dollar debate. According to him, the losers will be cash and treasury bond and the winners will be foreign currency and commodities. Equities have some power to hedge inflation.
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10-27-2009, 11:01 PM #2
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Most Americans don't know anything about where to go to exhange money and/or what currency is better that dollars.
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