Tuesday, January 14, 2014

Marc Faber quote on Mumbai, India

If someone says that rupee is undervalued we have to put in the proper perspective, maybe in some sectors of the economy the rupee is undervalued but I don't think the rupee is undervalued if you look at the prices of high-end luxury Mumbai properties

Wednesday, January 8, 2014

Marc Faber quote on government postponing crisis

What I object to the current government intervention in so-called 'solving the crisis', they haven't solved anything. They've just postponed it.

Sunday, January 5, 2014

Marc Faber Quote on Government Intervention

India needs to stabilise the currency on a permanent basis and then it can build "sustainable steady" economic growth

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Friday, January 3, 2014

Marc Faber Quote

If you print money like in Zimbabwe... the purchasing power of money goes down, and the standards of living go down, and eventually, you have a civil war.

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Thursday, January 2, 2014

Gold is the best currency

Gold remains the best currency bet these days because of the fact that the yellow metal supply is extremely limited. Gold at the current price of 1,110 dollars per ounce is less expensive than it was sold for less than 300 dollars per ounce years back.

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