Marc Faber
Marc Faber Articles
In an interview with CNBC on June 28, Marc Faber cited as evidence the strong performance of Treasury bonds, saying "over the last 12 months US long-term Treasuries are up 20%; and they are up 15% year to date."
"...History reveals a financial system based on paper money depends almost entirely on the confidence of the public in the currency that is issued by the monetary authorities, and that once confidence in a currency is badly shaken, painful...
"...History reveals a financial system based on paper money depends almost entirely on the confidence of the public in the currency that is issued by the monetary authorities, and that once confidence in a currency is badly shaken, painful...
Depressing Disparity
From the Manila Times, dated March29, 1999, we read that a group of investors recently sold their seat on the Philippines Stock Exchange for US$295,000. The group had acquired the seat in 1992 for US$4.8 million! By...
