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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: loantech who wrote (22862)12/5/2004 4:54:15 PM
From: dara  Read Replies (2) | Respond to of 110194
 
Jim Puplava was asking Marc Faber about his views on a dollar rally. I believe Faber said that he thought it likely that the dollar would (counter-trend) rally within the next three months (every where he looks people are bearish on the dollar). Puplava then asked how this would affect gold. Faber went on to say that gold was priced low compared to the price of oil and euros. He also said that if he were to pick one asset class to invest in over the next 50 years to protect the value of his money, he would pick gold.

FWIW.