Friday, January 13, 2012

Marc Faber: Most banks are insolvent

"In This interview with the German TV DAF dated 10 January 2012 (in German ) Dr. Marc Faber says that most banks are basically insolvent.That he likes stocks over bonds, thinks that the March lows won't be hit again, dislikes technology stocks and sees some 10% down potential. 2012 is going to be very volatile. When stocks fall, central banks will print money..."

at http://marcfaberchannel.blogspot.com/2012/01/marc-faber-most-banks-are-insolvent.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MarcFaberBlog+%28Marc+Faber+Blog%29