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Article posted Dec 04 2013, 2:08 AM Category: Economy Source: CNBC Print

Faber: 'We are in a massive speculative bubble'

Leave it to uber-bear Marc Faber to bring bad news on Black Friday.

Faber, editor and publisher of The Gloom, Boom & Doom Report, told CNBC on Friday he believes a “massive speculative bubble” has encroached on everything from stocks and bonds to bitcoin and farmland. He attributed the vast bubble to “symptoms of excess liquidity.”

Faber said the markets, which have reached record highs, could still rise before the bubble bursts, if stimulus programs such as the Federal Reserve’s massive monthly bond purchases and super-low interest rates continue.

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Comments Add Comment Page 1 of 1

Posted: Dec 05 2013, 1:06 AM

9885 yeah its called lying ass syetm and its going to crumbel right beneath your very feet!

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