Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog.
Marc Faber, the famed investor who is nicknamed “Dr. Doom”, is bullish on equities in relationship to treasuries, and gold which he sees as alternative currency. MarketWatch’s Jonathan Burton reports.
In a nutshell, Faber advises the following:
1. Avoid Treasuries.
2. Cash in trash.
4. Emerging markets will expand.
5. Gold is worth its weight.
Also read the full MarketWatch article here.
Source: MarketWatch, August 19, 2011.
5 money bets “Dr. Doom” is placing now was first posted on August 22, 2011 at 9:50 am.
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