MARC FABER:
there should be a rally in stocks.
a fost un low in oct 4, apoi a urcat apoi a scazut mai sus de low, market is oversold
acum nu se vor depasi minimele.
multi investitori cred ca bondurile se vor muta in stocks
S&P >> latin si europe si se va continua
we are setup for a december rally, market takes already in account QE3
I don't think that it will make another high
bad 30 years US bond
gold is not a bubble
before the disaster, ECB will print money, so they postpone the crisis
the best thing is to break up the Euro zones
euro will weaken --> stock will go better, but better in ASIA
USD will strenghten, us problems lower than european, and against emerging countries
china easy slowdown
HK shares
increase taxes of the wealthy
middle-east will burn, attack on iran is more and more likely
us will make pressure on china
before the fall of a government the inflation will go very high
S&P will drop to 1000 --> then QE3 -->
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