31 August, 2010

Markets Will Perceive Further Government Intervention As Inflationary

Marc Faber still believes the greatest risk to global economy is the impending inflation that will occur due to easy Central Bank policy. Faber says Friday’s “key reversal day” was a sign that markets will perceive further government intervention as inflationary and will result in higher prices for commodities, equities and gold.

in The Prag Cap

Related ETFs: SPDR Gold Trust (ETF) (GLD), iShares Silver Trust (ETF) (SLV), PowerShares DB Agriculture Fund (DBA), Market Vectors Gold Miners ETF (GDX)

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.