Marc Faber on Sovereign Debt Default Risks and the Real Value of Gold
Economics / US Debt Jan 27, 2010 - 02:32 AM GMTAlex talks with contrarian investment analyst and entrepreneur Marc Faber. Faber publishes the monthly investment newsletter The Gloom Boom & Doom Report. Marc Discusses Debt monetization to boost gold and emerging markets. Some economic recovery for next 3 months, but outlook beyond looks poor due to the large deficit which means higher interest rates.
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