Marc Faber Outlook for the Stock Market and Gold for 2010
Stock-Markets / Financial Markets 2010 Feb 23, 2010 - 02:12 PM GMTDespite risk of a stimulus driven crack-up boom, however Marc is bearish on the stock market, but does not think that they will collapse because the Fed will again massively monetize and support equity prices.
Gold correcting after the recent highs and expects a buying range between $950 to $1050. However a strong dollar results in rising gold prices in foreign investors. Investors so should continue to gradually accumulate gold.
© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.