03 November, 2010

The US Dollar Could Rally In The Short Term.

"On the dollar, Dr. Marc Faber says the dollar could rally in the short term because the anti-dollar trade is too crowded, taking the dollar too low, too fast, especially against the Swiss and Japanese currencies. Any rally in the dollar, however, could be short-lived, he says, as the Fed appears to have committed to a debt monetizing policy in Treasuries and mortgage-back securities."

in Beacon Equity

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