Two Marc Faber Interviews: China Could Rally 65%

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Fantastic line from Marc Faber in his latest CNBC interview: “If Greece can rebound by 65%, the greatest garbage can rebound by 65%.” He cited Thailand’s 250%+ rally off lows, and Greece’s recent rally of 65%, as reasons that beaten down stocks in China and Japan could also rally.  Despite what he concedes as deteriorating […]

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Faber starts the interview in his salty Swiss accent asking “Mr. Jimmy Rogers, who has been so bullish on China for years” to defend the 60%+ haircut we’ve seen in the Shanghai index since 2007. Rogers response?  “Marc, it’s the middle of the night there – what are you at the disco?  (Laughing)  Where are […]

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