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U.S Dollar Depreciation
crafty1
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7-24-2009 10:47 AM
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us dollar
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/26885b0f-5899-46b0-bd45-51b9cc682f01/9896F545-2161-4312-8B49-840660DABBCC/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://currencytradingpro.com/faber-says-invest-in-a347.html" href="http://currencytradingpro.com/faber-says-invest-in-a347.html" style="font-size: 11px;">currencytradingpro.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://currencytradingpro.com/faber-says-invest-in-a347.html"><DIV>All the same, he is as bullish as ever on Asian equities. He advises looking for Asian stocks that are at twenty-year lows, or paying 6-7% dividends. You can look at the stunning performance of some the Asian stocks that interest him on the bottom of the 'report card' for his midyear <A title="http://online.barrons.com/article/SB124487016728312239.html?mod=article-outset-box" href="http://online.barrons.com/article/SB124487016728312239.html?mod=article-outset-box">Barron's round-table.</A></DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://currencytradingpro.com/faber-says-invest-in-a347.html"><DIV>His views on Asia were fascinating as always, if a little frightening. He pointed out that 95% of China's oil comes from the Middle East, and that he believes China's aim is to secure its supply by getting the US out of the Middle East. The numerous US military bases in the pacific surrounding China's coastline do not help China's mood.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://currencytradingpro.com/faber-says-invest-in-a347.html"><DIV>With US dollar depreciation anticipated, he advised selling US government bonds, and investing in commodities. With precious metals far easier for retail investors to store than dirty great piles of iron ore, his advice was to buy gold, silver, and platinum, but to store it outside of the US.</DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/9896F545-2161-4312-8B49-840660DABBCC/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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