Tuesday, February 23, 2010

Marc Faber, Jim Rogers: Buy Farmland and Gold

Marc Faber, Jim Rogers, Farmland and Gold

There are two things Marc Faber and Jim Rogers have been telling investors for a long time, and that has been to buy farmland and invest in gold, with a portion of that being in physical gold.

Faber repeated that mantra recently in Tokyo when talking to a group of institutional investors in Tokyo.

Faber added that fund managers need to take into account what the effects of major disruptions could have on the assets they hold, as there is sure to be unpredictable major events beyond simple volatility in the market.

Saying if those events happen to be attackes, they're almost sure to happen in the cities, making buying a home in the countryside somewhere an important part of their personal investment strategy; beyond only making money.

As far as regular investment strategies, Faber said agriculture is a good bet along with companies providing water treatment technology, as he sees both having the potential for major shortages in the future, especially in Asia.

Faber reiterates what others are saying, and that it the uncontrollable debt of the American government is a disaster, and he believes the U.S. is on the verge of bankruptcy in the not too distant future.

Marc Faber, Jim Rogers, Farmland and Gold

4 comments:

JK said...

Faber is a damn genius.

Anonymous said...

Marc Faber adn Jim Rogers will be in London 19th March 2010 with Vince Stanzione - What they will tell you will be shocking. You can find out more at www.traders2010.com

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