Interview of Marc Faber on Bloomberg on the 19th of August 2011.
Dr Faber discusses whether the treasuries are in a bubble and when it could pop.
Marc Faber also explains that he believe the bear market has just started due to technicals, but if he was given no choice he would still buy stocks instead of long dated treasuries for the long term. He thinks it will be incredibly difficult to reach new highs above 1370 on the S&P.
Finally, he still expect gold to perform well in the long term (although it is above the trend line in the long term) and does not see a huge drop potential as with any drop of 150 dollars, there would be many dollars.
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