Wednesday, January 12, 2011

World Heading for `Major Inflection Point'

"Investors should buy stocks and sell cash and bonds because governments are continuing to print too much money and may create a new credit bubble.

Instead of interest rates going down, they could start to go up, instead of the dollar being weak, it could strengthen.  I’m ultra-bearish on everything, but I believe you’ll be better off owning shares than government bonds.”

Marc Faber

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