Monday, November 26, 2012

Commodities Will Continue To Fail near term

Marc Faber thinks that industrial commodities will remain under pressure due to the fact that the Chinese economy is slowing down considerably. If China were to cut its demand prospects from something like copper or steel, it could have devastating impacts on the commodities themselves, according to Faber's theory.

Marc Faber is a famous contrarian investor and the publisher of the Gloom Boom & Doom Report newsletter.