Friday, February 25, 2011

Marc Faber: The Endgame Is Near


“The only true currencies that exist today are gold, silver, platinum, and palladium. This crackup boom will end very badly, but before it ends badly, we’ll have money printing, very high inflation, and when everything fails, the US will go to war. They’re already in war, but they’ll increase it.”

Marc Faber

4 comments:

  1. Wheres Mike? We miss you so much.

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  2. I don't think anybody disagrees that very high inflation is in the future. After all, the easiest way to get rid of the current debt that this administration keeps adding to is to inflate it away.

    There is no other plan. No other plan is financially feasible.

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  3. beanie, does that old fart buffett still own byddf?

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  4. Time to sell your overvalued SPY and jump on the commodity bandwagon, Beanie.

    ReplyDelete