- Five Stock Picks for This Market
- Weak Dollar Means Gold at $1,040: Strategist
- Art Cashin Sees 11% Unemployment, Market 'Stagnation'
- Najarian: Options Bet on July Akamai Pop
- London Mover: LSE Group
- Oil Outlook for the Second Half
- Stock Strategies for the '7th Inning'
- Options Suddenly Love Chip Equipment Maker
- Art Cashin: Why Stocks Will Rally This Week
- London Movers: Taylor Wimpey, Man
|
CNBC'S MOST SHARED
- 'We're in the Middle of a Crash': Black Swan
- The Rising Mountain of Debt May Be the Next Crisis
- Latvian Banker Taking Souls as Collateral
- The Worst Expected 2010 State Budget Gaps
- Alaska Governor Sarah Palin Will Resign
- Cuddle Parties Heat Up
- SEC May Reinstate Rules for Short-Selling Stocks
- Malaysia PM Speaks to CNBC
- Your First Move For Monday July 6th
- NY City Apartment Sales Down More Than 50%
- Fireworks At Pharma's Market
- Value of Warren Buffett's Annual Gift to Gates Foundation Falls Along With Berkshire's Stock
- Michael Jackson: The Music And The Money
- Five Stock Picks for This Market
- Realities of the New Obama Refis
- Weak Dollar Means Gold at $1,040: Strategist
- Court Ruling Could Mean Trouble for TiVo
- Lance, Please Back Out Of Tour
- TeleMedicine Gets An Apple App Store Facelift
- The Rising Mountain of Debt May Be the Next Crisis
- Alaska Governor Sarah Palin Will Resign
- For Banks, Wads of Cash and Loads of Trouble
- SEC May Reinstate Rules for Short-Selling Stocks
- For Australian Winemakers, More Turns Out to Be Less
- Earnings Season: A Likely Game-Changer
- Slideshow: Best-Selling Fourth of July Fireworks
- Divisions Dominate as Third Quarter Begins
- Stanford Clients Sue Insurance Broker Willis Group
RSS FEED
Text Size 
The editor and publisher of the "Gloom, Boom, and Doom Report" says the best place for investments these days is in hard assets, but he has some suggestions for stock-market investors, too.
"You want to be in gold, silver, platinum, and also oil," Marc Faber told CNBC. "If you believe in a recovery of asset prices as a result of money printing, you should be in hard assets, particularly precious metals."
He said he sees the money that has been locked up in Treasurys starting to rush out during the coming year. (See his full comments in the video)
"I think the big trade in 2009 will be to go short Treasurys massively -- I really mean massively -- because we may not have inflation for one, two, three years," he said.
Recommendations:
Faber continues to recommend a diversified portfolio. So what stocks would be included?
"If you want to own shares, I would own some resource companies, companies like Freeport McMoran [FCX
Loading...
()
], BHP (Billiton) [BHP
Loading...
()
]," he said. "I would also own some Asian shares."
Disclosures:
Disclosure information for Marc Faber was not immediately available.
Data is a real-time snapshot *Data is delayed at least 15 minutes