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		<title>Marc Faber Ahead of the Curve</title>
		<link>http://roylat.com/2009/06/marc-faber-ahead-of-the-curve/</link>
		<comments>http://roylat.com/2009/06/marc-faber-ahead-of-the-curve/#comments</comments>
		<pubDate>Mon, 15 Jun 2009 17:50:21 +0000</pubDate>
		<dc:creator>roylat</dc:creator>
				<category><![CDATA[Commodities]]></category>
		<category><![CDATA[Currency]]></category>
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		<guid isPermaLink="false">http://roylat.com/2009/06/marc-faber-ahead-of-the-curve/</guid>
		<description><![CDATA[Over the weekend, I read a commentary of Marc Faber made on June 9, the previous Monday. levitra website purchase Buy cheap Female Viagra Online viagra online As the market has dropped precipitously this morning, it seems that once again Mr. Faber has given advice that would have been well to see and heed. Though [...]]]></description>
			<content:encoded><![CDATA[<p>Over the weekend, I read a commentary of Marc Faber made on June 9, the previous Monday. <a href="http://levitra-online-price.com">levitra website</a> <a href="http://share-video.info/images/">purchase <a href="http://femaleviagrabuysale.com">Buy cheap Female Viagra Online </a>  viagra online</a>   As the market has dropped precipitously this morning, it seems that once again Mr. Faber has given advice that would have been well to see and heed. Though I knew  in general Mr. <!-- ~~sponsor~~ -->
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<p><!-- ~~sponsored~~ --> Faber’s advice, I have been lured by the market behavior into increasing <a href="http://amoxil-cheap.com">online amoxil</a>  my own exposure in the last week, to currency and commodity trades, to my current sorrow. </p>
<p>The burning question is whether <a href="http://mlmsuccessformula.com/images/">Buy <a href="http://bestaffiliatelandmines.com/images/">buy cialis cialis </a>   Cialis</a>  this downturn will be brief, as have been previous falls, or are we at the end of the “green shoots” <a href="http://amoxilpills.net">Amoxil buy cheap</a>  rally? Clearly, there are plenty of reasons for concern about the extent, <a href="http://amoxil-cheap.net">buy amoxil online</a> <a href="http://buylevaquincheap.com">levaquin prescription</a>   <a href="http://nonprescriptionmed.com/buy/cytotec.html">Buy Cytotec Online Pharmacy No Prescription Needed</a>  rate, and profitability of any recovery. These can obviously be brought to the fore to justify any downturn in the market. The next few <a href="http://ampicillinpills.net">cheap ampicilllin</a>  days will give more of a clue as to whether the reflation by central banks is going to be sufficient to support stocks <a href="http://spropecia-online.net">propecia buy</a>  and commodities, or whether we are going to experience the long-called-for “correction” to the exuberant rally of the last three  month. <!-- ~~sponsor~~ -->
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<p>Here are Marc Faber’s comments (thanks to <a href="http://www.ritholtz.com/blog">The Big Picture</a> for reference), together with a link to the video <a href="http://viagra-online-price.net">viagra female</a>  interview.</p>
<blockquote><h3>See high risk in entering equities now: Marc Faber</h3>
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<p>&#160;<a href="http://www.moneycontrol.com/india/video/stockmarket/22/55/newsvideo/400752"><img src="http://img1.moneycontrol.com/images/mc_common/b_videoicon.gif" align="absMiddle" border="0" /></a> <a href="http://www.moneycontrol.com/india/video/stockmarket/22/55/newsvideo/400752">Watch <a href="http://levitra-online-price.net">buy levitra</a>  Video</a></p>
<p><img style="margin: 0px 5px 0px 0px" src="http://www.moneycontrol.com/news_image_files/marc_faber_90.jpg" align="left" <a href="http://spropecia-online.com">propecia online</a>  />Marc Faber, Investment Guru, www.gloomboomdoom.com, <a href="http://camagracheap.net">order kamagra</a>  sees a high risk in entering equities now. &quot;This is not a good time to enter equities, except for traders.&quot;</p>
<p>He has booked some profits in Asia and finds valuations there reasonable. </p>
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<p>He does not see attractive entry points for commodities currently.</p>
<p><b>Also see: </b><a href="http://www.moneycontrol.com/mccode/news/article/news_article.php?autono=400180&amp;special=mkt_topnews">Exit commodity cyclicals if crude trades above $70/bbl: CLSA</a></p>
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<p><strong>Q: In the last few days, global markets have <a href="http://onlineacompliacheap.net">buy cheap acomplia</a> <a href="http://amoxil-pills.net">buy cheap drugs</a>   sort of been ranging. Do <a href="http://seeavision.com/images/">buy cialis pills</a> <a href="http://ampicillin-pills.net">Ampicillin cheap online</a>   you see this as a consolidation before another leg of the upmove or is it just tiring out?</strong></p>
<p>A: I would say that the entry point for people <a href="http://buydiflucancheap.com">order <a href="http://cialis-online-price.com">buy <a href="http://acialisforsale.com/item.php?name=Cialis Jelly">Cialis Jelly</a>  cialis tablets</a>  diflucan</a>  who want to buy equities around the world is a high risk entry point because the global economy has bottomed <a href="http://levitra-brand.net">levitra brand</a>  out. There is little potential to grow very strongly. So, there will be disappointments in terms of earnings in the second half of 2009.  The gravy is a bit out of markets. <!-- ~~sponsor~~ -->
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<p><!-- ~~sponsored~~ --> India was below 8,000 on the <a href="http://www.moneycontrol.com/sensex/bse/sensex-live">Sensex</a> and has gone up almost 100%. I don’t think it is a very good time to make an entry into the markets except for traders.</p>
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<p><strong>Q: If you had positions in Asian equities at this point, would you be taking profits or would you <a href="http://cialis-online-price.net">buy cialis</a>  remain invested?</strong></p>
<p>A: I have taken some money off the table. In Asia, we have lots of stock markets and lots of stocks that have reasonable valuation. I wouldn’t <a href="http://www.score-louisville.org/component/page,shop.browse/category_id,7/option,com_virtuemart/Itemid,36/">generic cialis forum</a>  say very cheap, but reasonable <a href="http://amoxilpharm.com">cheap amoxil</a>  valuation. If you have a long-term time horizon and have cash flow whereby you can buy more shares if <a href="http://marketing4profit.info/images/">buy viagra online next day delivery</a>  <a href="http://amoxilcheap.net">buy xanax</a>  they should go <a href="http://dcialisforsale.net/">Cialis <a href="http://jtc-enterprises.com/images/">buy levitra vardenafil</a>  <a href="http://e-viagraonline.net/item.php?name=Silagra">Silagra</a>  generic</a>  down, then I would say hold  them. <!-- ~~sponsor~~ -->
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<p><strong>Q: Do you think commodities are also about to top out? If you look at crude and even metals, would you be taking profits here if you had positions?</strong></p>
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<p><!-- ~~sponsored~~ --> <a href="http://ampicillin-pills.com">ampicillin online</a>  I don’t think that it is a very attractive entry point to buy these commodities and commodity-related stocks.</p>
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</blockquote>
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