Faber: Still Opportunities in Stocks

Marc Faber of the Gloom, Boom & Doom Report still sees opportunities in stocks after the big rally, and says stocks can help protect against the high inflation he’s expecting down the line. Faber, who counts the 1987 crash and the recent March low among his prescient market calls, tells Bloomberg that stocks aren’t very expensive considering current interest rates, and says he’s high on several emerging market nations in Asia. He also gives his take on gold, which he says will be a good investment as long as Ben Bernanke is heading the Federal Reserve.