Marc Faber: We’ve Seen S&P High for 2011

Marc Faber: We’ve Seen S&P High for 2011

Here’s a short but fun Marc Faber interview with Bloomberg Asia.  Worth a watch, as is usually the case with Faber.

A few takeaways on his outlook:

  • Believes the S&P has made its 2011 high because the Fed “is done with money printing” for now
  • Thinks gold and silver are vulnerable over the next three months, but he wouldn’t short the metals

His comments about Bernanke and the average American investor are also quite funny.  Here’s the interview, for your viewing pleasure:

Hat tip The Daily Crux and Bearish News for the heads up on this interview.

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