Marc Faber: If US Stocks Drop 10-20%, We’ll Have QE3

Marc Faber talked to the BBC a few weeks back, sharing his thoughts about what would trigger QE3, why he is still advising people to accumulate gold, and the bubble in China.

Here’s the interview (audio only):

Instead of investing directly in China, Faber recommends investing in things that China needs – such as industrial metals – or currencies that will benefit from Chinese strength, such as the Australian dollar.

Faber does believe there is some sort of bubble going on in China, but is uncertain as to when it will burst.

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