Marc Faber Predicts Massive Market Crash in The Fall !

[youtube=http://www.youtube.com/watch?v=lPwvxS2kgWo]

• Marc Faber Laughs Maniacally, Predicts Massive Market Crash in the Fall ! 
  by Mike Tirone, http://www.wealthwire.com/ 
  The editor of the Gloom, Boom, and Doom Report got fired up in an interview  with Fox Business News. After another day of lows in the market, and record lows in U.S Treasuries, Marc Faber expressed his concern with the stock market, gold, and more money printing. Here are some quotes from his interview :
  –
  “We could easily drop below 1000 on the S&P.”
  “If you print as has been printed in the U.S. over the last 2, 5, 10, 20 years, it’s very beneficial for corporate profits because it flows mostly into the comforts of companies but eventually the money printing stops and corporate profits don’t grow anymore.”
  –
  “I like physical gold but I think we are still in a correctional period but like the stock market, I think gold has been oversold.”

end