"There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved." -Ludwig Von Mises
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Nov
5

Marc Faber: The Dollar Can Easily Rebound

Author: Mac Slavo
- November 5th, 2009
                           

Marc Faber, publisher of the Gloom Boom and Doom Report, says that we are in a period of correction right now and say “I Am Long the Dollar”

The U.S. dollar may appreciate well over 10 percent against the euro during the next quarter, says Marc Faber, the economist known as “Doctor Doom” to investors.

Faber has long predicted the dollar’s complete collapse, so the dollar rally for him is an interesting turn of events.

“Maybe the dollar has made a turn; it can easily rebound by 10 percent,” Faber told Bloomberg News.

“It may have started already since the asset markets started to go down 10 days ago.”

Read the full story at Newsmax.com…

Author: Mac Slavo
Date: November 5th, 2009
Visit the Author's Website: http://www.SHTFplan.com/

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