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marc faber, in his june newsletter, reiterates his belief that we are looking at major inflation long term, with rising gold and plunging dollar. however, "for the next six months or so" he sees lower asset markets, a flight to quality with lower e.m.s and e.m. currencies, lower industrial commodities, lower real estate, and a possible rally in bonds and the dollar. he concludes:
"In any event, for now, as outlined above, I see some dark clouds hanging over the financial and luxury goods sector, including the art, collectibles, and trophy wife market."
"In any event, for now, as outlined above, I see some dark clouds hanging over the financial and luxury goods sector, including the art, collectibles, and trophy wife market."
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