Faber: How investors can beat hyper-inflation
Commentator Marc Faber says investors could benefit from sky-high asset prices as the US stokes inflation.
In a typically bearish appraisal, author of the Gloom Boom and Doom Report Marc Faber advised investors on the last day of the CLSA Hong Kong forum on Friday to stock up on physical gold and rural real estate ahead of possible global conflicts and US stagflation inflation without growth, last seen in the 1970s.
Faber sees the US as a consumption giant unable or unwilling to make capital investments, with third-world infrastructure, and a tendency to binge on consumer...
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