09 April, 2009

Mongolia Has Huge Potential

Marc Faber, the publisher of the Gloom, Boom & Doom report, said Mongolia is “torn between two lovers - China and Russia,” and is a country with huge potential.

“The country is incredibly resource rich, another Saudi Arabia, next to the largest population in the world”

(in Bloomberg, April 2009)

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world. Dr. Doom also trades currencies and commodity futures like Gold and Oil.