Marc Faber is buying European stocks

One of the leading investors Marc Faber has recently focused his interest in buying European stocks. Although the dark predictions about the future of Greece and Spain, contrarian investors like Marc Faber will never miss chance like this. CEO of Marc Faber Ltd and author of the monthly Gloom, Boom & Doom Report, Swiss-born Faber serves as a director or adviser to a number of investment funds, mostly focused on emerging markets.

It is commonly known, that for the most part, Marc has been out of stocks in the world's major countries for many years – since well before the dot-com crash in 2000. Recently on Bloomberg TV, Marc Faber admitted that European stocks are relatively attractive right now. Most European markets peaked out a year ago in May 2011 and are down very substantially. They are approaching or even exceeding the lows of 2009. That gives you many shares of good-quality companies that are yielding 5% to 7%.

Marc Faber: US Treasuries is the biggest bubble ever

Marc Fiber, Swiss advisor of a number of investment funds, discussed the current bull market around U.S. Treasuries in his recent TV appearance on Bloomberg T.V. When asked if U.S. Treasuries are the biggest bubble ever, Mr. Faber did not try to decline the question and simply agreed with such assertion. He explained, that if asked about the Nasdaq in December 1999, he would have said this is the biggest bubble ever.

Despite that the Nasdaq continued to go up 30 percent until March 21 2000, and then it's been a disaster.

The gold has reach the bottom range of its cycle lows, believes Marc Faber

Marc Faber, author of the Gloom Boom & Doom Report, believes the gold market has reach the bottom range of its cycle lows. Following months of suggestions that the gold price could move down to the $1,200 level, has admitted that the gold market has hit the bottom. He added, that he can not be sure that Gold will not make a new high this year, but according to Faber the market have bottomed out and some gold mining shares have become very very inexpensive compared to the reserves they have.

Greece must exit the euro zone right away

I don't know what will happen to the euro zone. I know what should happen though.

And what should happen is that greece exits the euro zone right away and defaults on all its obligation to foreigners. If they have obligations to foreigners, it's the mistake of the bureaucrats in Brussels.

According to the polls in Greece, because they know that in the future it will be worth 70% less than a euro and that is why they don't want to leave.