"Marc Faber, however, is confident we won't see 666 on the S&P 500 ever again. He says that if we go down by 10-20% on the S&P 500, our money printer Ben Bernanke will flood the market, weakening the dollar and thereby driving up stock prices.
If you are going to put money to work in stocks both market watchers think Japan is the place to be. After a 20 year bear market and despite high-debt-to-GDP levels, the pair think the market has become too cheap to ignore. Always a contrarian, Dr. Faber believes the lack of interest in Japanese stocks makes it one of the most compelling buys in the world."
in Wall Street Nation
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.
