Friday, October 16, 2009

Marc Faber on investment strategy (Bloomberg)

Famed investor and market commentator, Marc Faber joins Blooomberg TV to talk investment strategy.

There is an interesting and lengthy discussion of the inherent worth of the US dollar and other fiat currencies, and why paper currencies are losing their purchasing power against most asset prices, especially gold.

You'll also find an update on Marc's view of Intel shares and technology, along with his views on natural resource shares and why you should try to focus on buying assets and shares when prices are depressed.

Related articles and posts:

1. Marc Faber on Lateline Business - Finance Trends.

2. Marc Faber: Another Case for Inflation - Financial Sense Newshour.