Different people have different investment objectives but I made a presentation recently where I showed, that in terms of goods markets, the emerging world is now larger than the developed world and so I think people should have at least 50% of their money in emerging economies. With interest rates at zero and with the prospect that they will stay at zero, or below zero in real terms for a long time, I think cash is not particularly attractive.
I think US government bonds are unattractive in the long run, although they may be attractive for the next three months. I would recommend to people to accumulate precious metals and invest in a basket of shares in emerging economies.
in Seeking Alpha
Related ETFs: iShares MSCI Emerging Markets Indx (ETF) (NYSE:EEM), WisdomTree India Earnings Fund (ETF) (NYSE:EPI), Market Vector Russia ETF Trust (NYSE:RSX), iShares MSCI Brazil Index (ETF) (NYSE:EWZ), iShares MSCI Taiwan Index (ETF) (NYSE:EWT), iShares MSCI Thailand Index Fund (NYSE:THD)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
