05 October, 2010

US Treasuries May Become Worthless

Marc Faber said U.S. Treasuries may become “worthless” as central banks, led by the Federal Reserve, “print money” in an effort to boost economies, the Handelsblatt newspaper cited the investor as saying in an interview.

in Bloomberg.com

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