Wednesday, January 12, 2011

Marc Faber On Fed's Policy To Debase The U.S. Dollar

“This [long-term U.S. Treasuries] is a suicidal investment. Over time, interest rates on U.S. Treasuries will go up. Investors will gradually understand that the Federal Reserve wants to have negative real interest rates. The worst investment is in U.S. long-term bonds.

I will never sell my gold.”

Marc Faber

No comments:

Post a Comment