Saturday, February 23, 2008

Marc Faber predicts Sensex at 12000 Levels

"Emerging Market may get oversold in next 6 months and sees Sensex at 14k and then 12k" says Marc Faber.

Marc faber has been giving outlandish bearish projections whenever market falls say may 2006.Who is this guy? How far he is reliable?

Faber was born in Zurich and schooled in Geneva, Switzerland. He studied Economics at the and, University of Zurich at the age of 24, obtained a Ph.D. in Economics

He has been proven horribly wrong before.Is he interested in keeping markets down so that interested parties make purchases.

Investors are requested not to get panicked and avoid such misguided analysis.


Anonymous said...

He's also been right most of the time.

Anonymous said...

Dr. Faber is the most respected financial guru in the world. More importantly; he speaks the truth...i remember he sadi 3 years back that gold will hit 1000 $ and also oil will hit $ 120..

So guess who is right...