| arkets are volatile and there is a lot of leverage in the system. Hedge funds borrow money to buy gold, silver, equities, bonds, and currencies. Over the last 2 years, gold dropped almost 30 percent. So we have this volatility.
Read more about this on BloombergQuint: http://www.bloombergquint.com/markets/2016/10/07/economy-must-be-rotten-if-fed-cant-hike-interest-rate-after-8-years-of-expansion-marc-faber Read more of Markets News here: http://www.bloombergquint.com/section/markets Read more articles by Agam Vakil at: http://www.bloombergquint.com/author/60142/agam-vakil Read more articles by Shraddha Babla at: http://www.bloombergquint.com/author/44708/shraddha-babla |
Marc Faber (born February 28, 1946) is a Swiss investor based in Thailand. Faber is publisher of the Gloom Boom & Doom Report newsletter and is the director of Marc Faber Ltd, which acts as an investment advisor and fund manager. Faber also serves as director, advisor, and shareholder of a number of investment funds that focus on emerging and frontier markets, including Leopard Capital’s Leopard Cambodia Fund and Asia Frontier Capital Ltd.'s AFC Asia Frontier Fund.
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