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Must-watch: Jim Rogers and "Dr. Doom" Marc Faber together in a rare interview


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10/05/2012 09:37 AM
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Must-watch: Jim Rogers and "Dr. Doom" Marc Faber together in a rare interview
While the discussions between these two legends varied from Phat Phong nightlife to Dow 30,000, and from China bullishness to AAPL bearishness, it was the conversation about the actions of Bernanke, and more importantly, our political leaders, that summed up perfectly the dreadful reality in which we find ourselves.

The punchline: "It is very dangerous to have ignorant people believing that they know something."

Rogers is bullish China long-term but buying Chinese stocks only selectively...

Faber sees under-the-surface weakness in U.S. equities, and while central banks could print us to Dow 30,000; gold and other commodities will be astronomical by then...

Faber is bearish AAPL, believes it's a bubble – but too dangerous to short...

Both are uber-bearish...

Read full article (with video): [link to www.zerohedge.com]

When Next Major Financial Crisis Arrives, It Is Going To Be Immensely Painful And It Is Going To Change All of Our Lives

How bad has the global economy really gotten? We are In a depression, whether you’re agree or not but one thing is for sure, the dire situation are getting worse and people are doing desperate things.

Read full article: [link to investmentwatchblog.com]