Marc Faber | The dollar to go up short term but go to zero in 10 years

Dr Marc Faber of the Gloom, Boom and Doom Report recently was on Bloomberg (video below) stating that while the US dollar may be oversold in the short term, in the long run, over say 10 years, it will go to zero .ie. be worthless.  On price deflation versus inflation he thinks we could get both concurrently.

Cash and US treasury bonds will be the big losers, while gold and commodities will be winners and stocks will also do better than cash.

Faber said Bernanke can be relied upon to continue to print money to prop up the stock market.

However we say, remember you can still lose money in real terms (measured against gold) as stocks rise.  Choose them carefully and measure your returns against golds rise.  You should do the same with property.  Read this new article by J.S. Kim exclusive to GoldSurvivalGuide for more on how to track this by following Central Bank interest rates:

The Current Stage of the New Zealand Real Estate Cycle

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