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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (10850)9/6/2008 10:53:00 PM
From: LTK007  Read Replies (1) of 71454
 
An EXACT recent quote from Dr.Marc Faber

<< I am a happy
holder of gold and a buyer on the way down (in fact, irrespective of the
price I buy every month some) for the following reasons. I am not a great
believer in insurance policies but since I think that sooner or later the
entire financial system will blow up
I want to make sure that whereas my
assets, which are on deposit and could become worthless through default,
I shall still be left with some assets that are mine (physical gold in a safe
deposit box – not in the US). I should like to emphasize that this is also a
point which speaks for owning some stocks.

Dr. Marc Faber Market Commentary August 20, 2008>>

i note Faber says it is POSSIBLE Gold will go to 600.
Two, this guy is pragmatist and he is NOT ruled by his longterm views. He was LOOOOOOOOOOOOOOOOOOOONG the dollar before this rally in USD. He published a call of another analyst of SPX500 reaching 500 in the future.
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