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Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
Marc Faber's interview today with Bloomberg TV:
Mr. Faber says that right now we have a rebound from a low level.
- "We are and will be for years to come in a period of very high volatility, where+30/-40% will be common."
- "US will not default, but he is 100% sure the USA will go into hyperinflation, close to Zimbabue levels."
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