6.11.2008

No they're not; they're priced in Bernanke Bucks

Marc Faber: Stocks, real estate, and oil are overvalued.

No, they're not. Stocks are real businesses. Real estate is a roof over your head. Oil makes things go. Bernanke Bucks, however, are not worth the paper they're printed on, as they are backed by nothing other than the Fed, Congress, and Bushie, all of whom are doing everything in their power to devalue them.

Well, OK, I'll admit real estate is still overvalued.

No comments:

Happy Super Tuesday!