Sunday, April 10, 2011
Yemen could become a trouble spot says Dr. Marc Faber : ...I think that the civil war in Libya can escalate because who knows may somebody around the world will support Gaddafi it's not Cristal clear that he will be all the time by himself secondly and more worrisome is probably Yemen where you have essentially a vicious leader as bad as Gaddafi and you have an opposition that is hostile to both the US and Saudi Arabia and that could become a trouble spot because strategically Yemen is of course much more important than say Libya .."
Natural gas price are very depressed right now says Marc Faber ...investors should gradually and every month buy some gold but it may also probably undergo a correction at some point ...Gold is still under owned it is not in a bubble ....
Dr. Marc Faber Tomorrow's Gold
Dr Marc Faber was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna cum laude. Between 1970 and 1978, Dr Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In June 1990, he set up his own business, which acts as an investment advisor and fund manager.
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