Investors like Marc Faber, Peter Schiff and Jim Rogers have warned that US Dollar will lose its value a lot because the Fed keeps printing large amount of money. Yogesh Chabria , of Happionaire blog fame, also echoed similar sentiments and advised people to invest in Gold.Yogesh said gold will nearly double in price as people move away from dollar to "safe" instruments like gold.
But today, I saw a conflicting view here . The author argues that Dollar will increase in its value or atleast won't depreciate a lot and that gold will not rise much now.He also warns equities will not be a good investment vehicle as "the worst is yet to come".He is bullish on silver(Jim Rogers also shares this view) though.
Indian stock markets had a big fall yesterday.I think it will trade in some ranges till the budget.But,my personal view now is bearish.I think, this year end or next year, sensex might fall to 10000 levels as the earnings coming out will not be very good.
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