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Message: Marc Faber interview - interesting excerpts

Excerpt from Faber's recent interview....likes ag stocks and PMs....

“I believe geopolitical problems will rise in the next 10 years and could have a devastating impact on financial assets,” Faber said.

Faber commented that if equities were to fall as dramatically as feared by those in the deflation camp, investors would not want to hold assets such as government bonds, since the government presumably would be bankrupt.

Thus, he said, the best opportunities for the average investor would be in the agricultural sector. Furthermore, investors may want to own gold and silver and keep it in storage outside of the U.S.

“Gold and silver, in an environment of money printing and geopolitical problems, will one day be worth substantially more,” he said."

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