Friday, October 7, 2011

US Dollar: Short Term OK, Long Term Doomed. - Marc Faber

The Dollar can be your best friend in the short term, in the longterm it is doomed. - in Fokus FXIt's true that the dollar has no intrinsic value and is being printed into infinity, but the US dollar will be your best friend for the next few months. As global liquidity contracts on EU debt concerns and a possible hard landing in China, Faber advises investors to be long the dollar. Note this is a short-term call; longer term the dollar is going to zero -

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