22 January 2012

MARC FABER FOOLING U.S. INVESTORS

Hi Friends,


Dow Jones rallied 96 points on Friday to 12,720 upon Marc Faber shouting on Bloomberg T.V. to Buy Equities. 


He said in an interview on Bloomberg T.V. "Investors have created a Bubble in highest quality Govt. Bonds, such as US Treasury & German Bunds, and should move to equities."


He further said "Investors are better off in Equities than in Govt. Bonds because a lot of Bonds will either Default or they need to print more money."


Now I would like to ask Mr. Marc Faber.. If Govt. Bonds will Default how Equities are safe?


If I was an US Investor I would rather sell all my Equities and Buy a "Credit Default Swap" on these Bonds to make money. That's what Hedge Funds deed in 2008 and made millions.


Well I know Marc Faber is fooling Investors and he is doing exactly opposite and selling equities on Top.


Here is proof how he fools Investors..


Check what he said last time about Gold:-

Gold ‘Not in a Bubble’ as Central Banks Keep Printing Money, Faber Says

http://www.bloomberg.com/news/2011-09-06/marc-faber-sees-no-bubble-in-gold.html


And we all know what happened after that.


Well while Dow Jones rallied 96 pts. S&P 500 Index was flat and Nasdaq Composite was marginally negative. 


I would like to thank Mr. Marc Faber for giving me a sell confirmation.


Most of the world markets have completed Wave 2 Up and would collapse in wave 3 down soon.




Happy Minting,


Thanks & Regards,


Harsh Dixit.



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