Faber and Rogers Agree - Go Bears!
It is hard enough to get Marc Faber, famous investor and the founder of the Gloom, Boom and Doom Report, or Jim Rogers, famous investor and commentator, for an interview.
CNBC has struck gold. They got Marc Faber, founder of the Gloom, Boom and Doom Report, and Jim Rogers, famous investor and commentator, for an interview.
Faber questioned Rodgers on his bullishness on China, which warranted a response. Rogers said, "China is going to be the next great country in the world. I was violently and vehemently telling people not to buy China when it was going up in 2007. I only buy China when it collapses."
One thing both agreed on is the domestic stock market. Both investors are turning bearish as they see a downturn in the market soon.
Check out the video here:
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