Some interesting comments from Mark Faber.
While economies can fall significantly, that will be met by more money printing and stocks can rise while economies fall.
He believes we will have negative real interest rates (interest rates below inflation) for "as far as the eye can see".
He says that is why he sees relative value in certain quality stocks in Europe that are on dividend yields of 3-3.5%.
He also likes precious metals in this environment.
I have selected all the main points which are all points that sum up what I have believed for quite a while now.
Here is the link to his full interview.
http://www.zerohedge.com/news/fabers-latest-rant-ecbs-back-door-monetization
are they ready to go, page-11
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add KGL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $59.56M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $1.368K | 12.59K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 255954 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 170120 | 4 |
View Market Depth
| Last trade - 14.41pm 12/07/2024 (20 minute delay) ? |
| KGL (ASX) Chart |