Faber: Choose Stocks Over Bonds, Cash

Investment guru Marc Faber sees stocks outperforming cash and bonds as the Federal Reserve’s massive monetary stimulus props up the U.S. economy.

“I think that he (Ben Bernanke) will print (money) like never before in history.”

As a result, the Standard & Poor’s 500 Index can rise as high as 1,250 in a year, up 17 percent from midday Wednesday, Faber told Bloomberg.

“Where there is inflation in the system as defined by money supply growth and credit growth, you have currency weakness. Stocks can easily go higher. If you print the money, they can go anywhere.” (more)