"US is fully committed to “print money” and that this will lead to a further devaluation of the US dollar. For the reasons outlined above, this coming dollar weakness may well be less pronounced against other currencies than against commodities, hard assets, and gold and silver. In this spirit, we continue to recommend the purchase of oil, mining, and oil servicing companies."
Dr Marc Faber publishes a widely read monthly investment newsletter "The Gloom Boom & Doom Report" report and is the author of several books including “ TOMORROW'S GOLD – Asia's Age of Discovery”. Dr. Faber is also a regular contributor to several leading financial publications around the world.