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Friday 3 January 2014

Marc Faber : “Well Done, Mr. Bernanke!”

20:27    1 comment


In a little under four minutes, Marc Faber explains to Fox Business’ Dagen McDowell all that is wrong with the Central Planners ‘current plan.’ From a re-bubbled housing ‘recovery’ pricing real buyers out of the market (“homes do not offer a great opportunity today”) to forced-renters paying increasing amounts of their stagnant wages, and the small percentage of ordinary Americans who actually benefit from a rising stock market, reducing their disposable income to which Faber sarcastically rants “well done, Mr. Bernanke.” His advice, be diversified, don’t BTFATH in stocks, and physical gold is always a good insurance.

1 comments:

  1. ST3 January 2014 at 23:44

    Very practical and honest comment indeed.

    Common folks do not benefit from inflated property prices. In fact, instead of spending the cash in consumption or savings, many will have to cough out more of their wages to service their home - not unless one can afford to own more that one property.

    Only the rich who have the spare cash to invest will benefits from a property and stock market run up.

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