Precious Metals higher in 3 years time!!!!!!!!

Marc Faber : Precious Metals will be higher than they are today In three years ,

Marc Faber : "...In three years or 10 years time, precious metals will be higher than they are today. But we may have a correction coming in the next, say, three months. But in general, when I look at the risk and the reward, it is very likely that precious metals will continue to perform reasonably well. But if S&P drops to around 950, then the Fed will again massively ease and print money. So the surprise could actually be that in nominal terms, equity markets actually go up. They may not go up in gold terms, but they may go up quite strongly in nominal terms. So I would not be overly bearish about equities...."
in www.economictimes.indiatimes.com

Bearish On Emerging Markets; Crude to move higher!

Bearish On Emerging Markets

"Faber remains very bearish on emerging markets in general (Brazil, India, etc). He notes that many failed to make new highs in January, despite favorable market conditions, which could indicate a major top in some emerging markets. Faber thinks emerging markets could fall between 20-30%. In fact, this would be a great buying opportunity for investors." - in iStockAnalyst, from the Gloom, Boom & Doom Report

Crude Oil Likely To Move Higher

"I think oil is likely to move higher for a variety of reasons" - in Bloomberg

Related ETFs and stocks: United States Oil Fund LP (ETF) (NYSE:USO) , iPath S&P GSCI Crude Oil Total Return (NYSE:OIL) , Energy Select Sector SPDR (ETF) (NYSE:XLE) , Exxon Mobil Corporation (NYSE:XOM) , ConocoPhillips (Public, NYSE:COP) , Marathon Oil Corporation (NYSE:MRO), Hess Corp. (NYSE:HES) , Petroleo Brasileiro SA (ADR) (NYSE:PBR) 

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.