Silver Dollar Values Prices, Gold Prices Will Be Skyrocketing With Massive QE3 Coming - Per M Faber

May 25, 2012 - PRLog -- Always notorious for predicting any impending doom on the horizon, financial professional Marc Faber says we might experience a market crash mimicking that of 1987 in the second half of 2012. In reality, Faber believes we need “massive QE3” in order for markets to continue moving upwards with powerful momentum with out crashing after hitting 1422. In the meantime, Faber says corporations are most likely to report “good” earnings, but they'll definitely not exceed any expectations. CLICK HERE now to http://www.silver-dollar-values.com for profitable investing ideas.

Faber elaborates:
“A crash, like in 1987…because the market would become technically very weak. I'd anticipate the marketplace making a brand new high. If it occurs, it could be a new high with very couple of stocks pushing up and the majority of stocks have currently rolled over. The earnings outlook is not particularly good because most economies in the world are slowing down. Individuals focus on Greece but Greece is totally irrelevant. What is relevant are two countries - China and India - 2.5 billion individuals combined. They are an enormous marketplace for goods and these economies are slowing down massively in the present time.”

In regards to the S&P 500, Faber thinks we have already seen the high this year - unless, of course, an enormous dose of QE3 is injected into society. Faber does expect that the Fed will issue further stimulus, but says it depends on asset markets. According to Dr. Faber, QE3 will turn out to be a more probable scenario if the S&P drops another 100-150 points. CLICK HERE http://www.silverdollar.cc for profitable Silver investing ideas.

Additionally, Faber was not bashful at all in expressing his disdain with many government officials in the U.S. and especially the bureaucrats in Brussels. Faber asserts that the lack of fiscal discipline and frivolous spending is destroying Europe. Although Faber isn't particularly fond of America's bureaucrats, he thinks the look like “geniuses” when compared to Europe's.

Commenting on the euro crisis, Faber suggests that Europe not only kick-out not only Greece from the euro-zone, but also Spain, Italy, and even France. Repeated bailouts provide a band-aid patch to mask the wound, but they don't cure the infection. Avoiding the real culprit of the problem could lead to an all out economic catastrophe for Europe and also the United States of America.

Faber says the public has been “brainwashed” into thinking that the real catastrophe will ensue if the above listed nations are kicked out of the euro-zone. Quite simply put, Faber says that couldn't be further from reality. My take on all of this is to buy silver and gold now to protect your investment portfolio. Get into the precious metals marketplace if you are not there currently! CLICK HERE now to http://silver-dollar-values.com for profitable investing ideas.