December 4, 2009
The US Dollar Outlook
“The intrinsic value of the US dollar is zero and that’s where it will go. Whether it will happen in five or 10 years time, nobody knows… I don’t believe in a new world reserve currency for the immediate future, but I believe that the U.S. dollar, after a near-term rebound that could last three-four months, will continue to depreciate.”in dailyreckoning.comMarc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world. Dr. Doom also trades currencies and commodity futures like Gold and Oil.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment