Renowned investor Marc Faber spoke with CNBC this week about the over optimism surrounding the US stock market. Faber thinks this is the wrong time to get into US stocks and warns of an inevitable correction. While Faber talks about emerging markets as good investments, don’t forget that this is also a great time to buy into physical gold and silver at very cheap prices.
“I believe it is too late to buy the US stock market… It should be clear to anyone. When prices are low… for stocks and interest rates are very high… then the expected returns are also very high. Whereas, when interest rates are zero… what is your expected return over the next ten years? … In general, individual investors have excessively optimistic expectations about their future returns. “
Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog Interested in learning about the best ways to buy gold and silver?
Call 1-888-GOLD-160 and speak with a Precious Metals Specialist today!
Watch Out for a Major Market Correction (Video)
Renowned investor Marc Faber spoke with CNBC this week about the over optimism surrounding the US stock market. Faber thinks this is the wrong time to get into US stocks and warns of an inevitable correction. While Faber talks about emerging markets as good investments, don’t forget that this is also a great time to buy into physical gold and silver at very cheap prices.
Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog
Interested in learning about the best ways to buy gold and silver?
Call 1-888-GOLD-160 and speak with a Precious Metals Specialist today!