“It is no longer sufficient to analyze macroeconomic and microeconomic trends and individual companies and sectors; we now increasingly need the help of a political analyst who can warn us of what governments’ next regulatory ‘Schnapsideen’ (ideas developed while heavily intoxicated) are likely to be.” Marc Faber
This is an old interview — Faber is talking about gold having rallied to $1100 while it’s above $1200 now, and is making forecasts for markets possibly making new marginal highs in April/early May after February correction.
Plan B Economics
Good catch – consider this post outdated…
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