03 Apr '12, 12am

Marc Faber: Rich people will lose 50% their networth

Stocks could go up but not as powerful as Q1 Contrarian indicators such as short position are very shallow 6 months you can buy the market much cheaper QE3 need to be greater than QE1 and 2 He called to increase position in Oct/Nov but not to short, just reduce position Gold correction may not be over You depend on price appreciation not cash flow for gold. He still stick to his emerging market stocks

Full article: http://www.investmentmoats.com/on-great-fund-managers/mar...

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