Friday, July 13, 2012

Marc Faber - Implications of Libya on Gold

Federal Reserve Interest Rates - Marc Faber - Implications of Libya on Gold.
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We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Federal Reserve Interest Rates . For the latest Marc Faber, go to MarcFaberBlog.com - What is happening in the middle east is friendly for gold, friendly for oil, and friendly for other commodities. Nothing has been solved. It is mainly civil wars over there. These events are confirming that central banks will continue their expansionary policies. This will drive commodities higher. After the 20 year bear market in Japan, the prices are relatively rare. As the yields on bonds go lower, this will drive money into the equity markets. Bonds are unattractive, but Japanese shares are worthwhile to accumulate. The Euro has rallied contrary to expectations. The next few months we might see a rebound in the dollar and US treasury bonds. On any weakness, accumulate gold.
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