Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

Beware “The Distortions Of The Ministry Of Truth” Warns A Cash-Heavy Marc Faber

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Zero Hedge
May 9, 2014

Stocks in the advanced economies are basically fully priced,” Faber pronounces, and adds that, given their low yields, government bonds are also expensive. The true contrarian play is the “most under-appreciated asset – cash.”


Even though investors won’t earn any money and will actually lose money in the long-term because of Federal Reserve-induced dollar depreciation, Faber suggests that “for the next six months, maybe cash is the most attractive,” because the US economy is not recovering at all the way stocks are priced and what is more worrisome is the potential for a sudden eruption of inflation.



As we have noted numerous times, Faber blasts that despite the prices of everything going up, government statistics “are distorted by the ministry of truth” in order to enable more money printing by the central banks. Crucially, while we may not be seeing wage inflation in the US, that excess liquidity is squirting up everywhere around the world’s assets (and wages in China and India for instance), and the 2008 financial crisis could be just a precursor to a more severe economic fallout on the horizon.

This article was posted: Friday, May 9, 2014 at 5:45 am





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
See the rest on the Alex Jones YouTube channel.

See the rest on the Alex Jones YouTube channel.

© 2013 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.