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Video - Marc Faber on Bloomberg - March 30, 2011
Marc Faber, publisher of the Gloom, Boom & Doom report, talks about the outlook for a third round of quantitative easing from the Federal Reserve, his investment strategy and the outlook for global stock and commodity markets.
00:00 Printing money is "big error" by governments.
02:00 Fed's quantitative easing; economic recovery
04:27 Correlation between equities and commodities
06:17 Emerging markets growth, Mexico's economy
10:14 Need for U.S. to "sacrifice"
12:04 "A market is designed to go up and down."
12:47 Investment strategy; Fed policy; gold prices
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