Marc Faber, Dollar Will Eventually Go to Value of Zero, Oct 26, 2009

Discussion in 'Wall St. News' started by WallStWhizKid, Oct 27, 2009.

  1. moo


    Sure. And since that time we had another big surge in gold and oil with the usual suspects crying "the dollar is going to hell". This anti-dollar trade must die, and it is dying as it's now euro's turn to go to hell, before gold can advance very much further.

    I am not calling for any big crash in gold. A few months around $1000 may be enough to reload for the next bull leg.
    #131     Feb 7, 2010
  2. Faber said the $ could rise 10% against the Euro when it was at 1.50.

    We reached that last week I believe.
    #132     Feb 9, 2010
  3. RM, are you still long gold?
    #133     Mar 19, 2010
  4. I have no short or medium term trading positions anymore, just the ultra long-term core holding I've had for almost a decade.
    #134     Mar 19, 2010