The Music Will Stop
Marc Faber is an international investor known for his uncanny predictions (and memory) of the stock market and futures markets around the world. Dr. Doom also trades currencies and commodity futures like gold and oil.
In this wide-ranging and extensive interview, Faber states that because of central bank manipulation, he cannot imagine any scenario, REPEAT any scenario, under which there will not be significant pain for investors. He cautions that some money may be made in some asset classes — but one day the music will stop.
He believes that all investors should be diversified along the lines that he personally prefers:
Real Estate (25%)
Equities (25%)
Cash and Bonds (25%)
Precious Metals (25%)
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