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Marc Faber on Recent Governments Bailout's

Submitted by Todd Sullivan on Tue, 01/20/2009 - 09:09.
in
Marc Faber

According to Faber they are porlonmgoing the recession both in the US and abroad.

Part: 1.... The shoe to drop in 2009 will be the doubt in investors eyes for governments to meet bulging obligations.

Part 2:..... Policy intervention will make current downturn longer..

If Faber is right the US Dollar (NYSE:UDN) will fall and Gold (NYSE:GLD) will rise..

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