Tuesday, November 2, 2010

Faber – ”legendary investor” – worried about holding cash

Marc Faber will never sell...and sees Asian markets falling

''A coming slowdown in China is due to have massive repercussions for global commodity producers warns Dr Marc Faber, the legendary investment advisor. But he is still investing in Asian stocks.....because he is more worried about holding cash and bonds in volatile global markets. China exports more to emerging than developing countries so the impact of problems in China will be severe for them.''

Posted by hpwatcher @ 07:27 AM (1061 views)
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3 thoughts on “Faber – ”legendary investor” – worried about holding cash

  • THAT word has been removed.

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  • “because he is more worried about holding cash….”

    “investment advisors” never advise holding cash, there is no margin in it for them.

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  • 2. wdbeast said…”investment advisors” never advise holding cash, there is no margin in it for them.”

    That’s the BOEs job, when they can afford to. 🙂

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