29 December, 2009

It Will Be More Difficult To Make Money In 2010

“The worst investment, in the long run, will be U.S. Treasuries, and cash which has no return at present. This is the one reason that I am moderately positive about equities is that this money goes into leverage plays.

It will be more difficult to make money in 2010 as the markets become more volatile. I think 2010 will be more of a year when not to lose any money will be very important. I am a little more cautious in general."

in Bloomberg.com

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.