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Marc Faber sees C at 50$ in a few years... And a loaf of bread at 100$! :D

Aproaching the 1.40 level against the Euro again. Will the SNB step in episode 52?

Also notable is gold's lagging in the first half of previous commodity bull markets last century to come out on top troughout the later stages with the changing of the business cycle.

Gold's strength these last months and it's decoupling from the liquidity trade has been quite amazing really. The Dow Jones is up 1% and closes 1% down yet gold doesnt even blink at all. I am trying to see if it has decoupled from currencies, stockmarkets and liquidity where it is tied to...

Jim Rogers on the Euro in 2000: http://www.youtube.com/watch?v=Bf6mtTFCgwQ Often early, never wrong. :D

We had a 30% correction in 08.

Fair enough, I just remembered the quote in yesterday's report and reading your quote on oncrowdedness of trades made me put it up.

A snipet out of Faber's latest newsletter: I should like to categorically state that anyone who says that gold is over-owned and in the midst of a mania is completely clueless about the nature of asset markets and about what happens in the late phases of an investment mania when speculation...

Marc Faber has always viewed the S&P reaching the 900 levels as the line in the sand for the FED to step in massively once more. We are at 1100 today, so if you believe there to be some accuracy in Fabers predictions and if you are of the opinion central banks can indeed prop up risk assets...

Remember...Newspapers in Britain have to be anti Europe or they don't sell anything.

GoC, If you feel Faber is a snake oil salesman with little understanding of the markets and a flawed trackrecord that's fine by me. I disagree but to each his own! Cheers.

The entire deflation inflation debate is rather irrelevant if ment to bring clear answers concerning portfolio exposure. The biggest deflationary shitstorm ever and yet stocks rallied most in a century. From low levels sure but still... Let's be honest, if you are a retail trader or...

Mirror, Mirror on the Wall, When is the Next AIG to Fall? http://www.youtube.com/watch?v=H0sS6a9RW2E&feature=player_embedded

Please provide links of him being short USD and short treasuries. As far as him being overly critical of Bernanke, do you really feel after a decade of the USD being the weakest of all major currencies a 6 month relief rally not in the least due to the reversal of the carry trade is supposed...

'AA' National Ratings denote expectations of very low default risk relative to other issuers or obligations in the same country. The default risk inherent differs only slightly from that of the country’s highest rated issuers or obligations. No biggie.:)

I've read a story how one guy bought an entire 5 floor hotel for 1 golden ounce... Would that qualify as coming out as a winner in your book? But apart from that, obviously I agree.

It went up 1000's of % in local currency but collapsed from 100 to 2 in hard foreign currency.

The advantage of owning the currency rather than the company also is you don't run the risk of getting your assets seized by the government should true shortages occur say in the oilmarkets for example.

In his book Adventure capitalist Rogers talks extensively about how Europe and particulary the PIGS cooked the books to get in.... and how everyone was well aware of it! You can also watch him and Faber discuss the Euro future here from 2004... http://www.youtube.com/watch?v=ZzAtL-EBuF4...

You are really wrong, GUC. Faber has been right on the money leaving most if not all competition far behind. I could give you a dozen examples but will give you just one to show the amazing feeling he has for both short term and longer term market trends. November 21 (C at 3.77$ a...