Wednesday, November 6, 2013

Continued... Faber Market Commentary - Part 2

Following Monday's post on the latest Market Commentary I will expand on Doctor Dooms report today. The report suggests that Faber thinks emerging economies to outperform the US stock market over the next few years. In addition he suggests that he likes to buy Gold and Silver mining shares rather than industrial commodity shares. Action Plan: Buy Emerging Markets, Gold & Silver miners

"Jeremy Grantham of GMO expects emerging markets to significantly outperform the S&P 500 over the next seven years. This supports Bannister’s view that investors should now overweight “commodity stocks” (commodities closely correlate with the performance of emerging markets). For reasons I shall explain, rather than to buy industrial commodity stocks, I currently prefer to own gold and silver mining stocks."

Subscribe to the full report from GloomBoomDoom.com