Saturday, 9 April 2011

Faber on CNBC

Dropping a bucket of faecal matter on Bernanke's printing policies and the Fed's grasp of reality.

You can literally see the penny drop in the reaction of the panel as a wave of realisation washes over them.

I disagree with his views of Gold not being a bit short term bubbly at the moment and in my opinion is worthy of a pull back but in the long term it is real money and will probably maintain a longer term upward trajectory but his comments on underlying inflation in the here and now are spot on.

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