from KingWorldNews:
With gold rebounding today after Marc Faber told King World News
yesterday that a major bottom was forming in gold, we now focus on
Faber’s comments on global money printing and how it is impacting key
markets and society. Faber, who is author of the Gloom Boom and Doom
Report, stated, “… it’s a disgrace to think with money printing you can
solve problems.”
Here is what Marc Faber had to say: “My view is that the money doesn’t flow, really, into the real economy. In other words, if you look at the whole recovery since 2009, and don’t forget the recovery officially started in June 2009 in the United States, so we are almost 4 years into an economic expansion, but when you compare this expansion to expansions in the 1960s, 1970s or 1980s, following recessions, it’s a very, very shallow expansion.”
Faber continues @ KingWorldNews.com
With gold rebounding today after Marc Faber told King World News
yesterday that a major bottom was forming in gold, we now focus on
Faber’s comments on global money printing and how it is impacting key
markets and society. Faber, who is author of the Gloom Boom and Doom
Report, stated, “… it’s a disgrace to think with money printing you can
solve problems.”Here is what Marc Faber had to say: “My view is that the money doesn’t flow, really, into the real economy. In other words, if you look at the whole recovery since 2009, and don’t forget the recovery officially started in June 2009 in the United States, so we are almost 4 years into an economic expansion, but when you compare this expansion to expansions in the 1960s, 1970s or 1980s, following recessions, it’s a very, very shallow expansion.”
Faber continues @ KingWorldNews.com
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