Faber: Buy Treasuries And Precious Metals

Posted by Marc Faber - Gloom Boom & Doom Report

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“I have advised my investors […] you have to have a diversification and that you should hold around 25 percent in stocks, 25 percent in real estate and, actually, today I just bought the 30-year treasury bond because I think that they are very oversold. “Given my negative outlook for the economy, I think that the treasury bonds market may rally once again and I would also hold some commodities, precious metals,”

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