"Leave it to Switzerland's version of Dr. Doom to make the latest apocalyptic pronouncement on the future of the U.S. dollar -- and the outlook for gold prices. Marc Faber, investment advisor and fund manager to the uber-wealthy, says gold will forever stay above $1,000 an ounce. If you're unfamiliar with Faber's pitch-black outlook for the future of the Western economies and the developed world in general, well, he's probably best known as the author of the Gloom, Boom & Doom report."
- Morton Fox
from Bookmarklet
"WASHINGTON | Heavy government stimulus spending and near-zero interest rates did little to end a "lost decade" of stagnation and mushrooming debt in Japan. Some economists and lawmakers say the U.S. may wind up following the same trajectory."
- Morton Fox
from Bookmarklet