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Dr Doom
’Bonds are bad, says Dr Doom
Marc Faber’s latest Gloomboomdoom newsletter — as readable as ever — has turned up on the internet.
We can report that Mr Faber is somewhat puzzled that, so far in 2009, ordinary investors having been doing what they always do — namely buying high and selling cheap.
Dr Doom: When surrounded by rubbish and danger, buy gold
“The credit bubble is just beginning to unwind, and while US borrowers are being blamed for the mess, they were really just a pawn in a global game.” So says Marc Faber, aka Dr Doom, quoting Satyajit Das,
Dr Doom on ‘confetti currency’ and the allure of gold
From Monopoly money-isation the dollar is now suffering “confetti-isation”, according to Mark Faber, aka Dr Doom. And, in the circumstances, gold is glistening.
In the latest issue of his (lengthy) subscriber monthly commentary on gloomboomdoom.com,