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Top investment tips from Credit Suisse for 2010
Posted on 27 December 2009 with no comments from readersMarc Faber once suggested that if you did the reverse of what the Swiss banks said then you would have a rewarding investment career. I do remember the warnings about gold being over-priced at $400 from a very well qualified lady analyst from Credit Suisse visiting Dubai. So perhaps for a contrarian this video is a lesson in what to be contrary about!
Posted on 27 December 2009
Categories: Banking & Finance, Bond Markets, Gold & Silver, Hedge Funds, Investment Gurus, Oil & Gas, Private Equity, US Dollar, US Stocks, Video Channel
no Comments posted by readers:
Would have to agree with Marc. I can see at least half of what that rubber faced twat was recommending heading south in 2010. “Buy large US companies with exposure to emerging markets” and “gold is a bubble” being the worst. The only vaguely intelligent advice was to go long the AUD, even then the Fairy Ruddfather will inflate the AUD supply it keep the AUD below 1 for 1 with the USD. Australia has to compete with Brazil and South Africa to sell raw product to China and we can’t do that with a significantly higher AUD, not when the lower shipping rates of recent times have taken out some of the distance advantage Australia has with China vs our competitors. The guy didn’t even mention silver – what a loser. I hope all have a prosperous 2010.