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11/04/14
15:24
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"This year, for sure - maybe from a higher diving board - the S&P will drop 20 per cent," Dr Faber said, before correcting himself.
"I think, rather, 30 per cent. Who knows? But all I'm saying is that it's not a very good time, right now, to buy stocks."
CNBC noted that Dr Faber predicted in August last year a 1987-type crash was looming "
Ummmmm since when has a 20-30% crash looked like 1987?
http://www.theage.com.au/business/markets/wall-street-crash-even-worse-than-1987-is-coming-says-marc-faber-20140411-36gok.html
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