Post-Gobama - Singapore is the best place to own and protect your asset
Marc Faber's Asset Protection Plan: "Buy A Machine Gun", No Really, "You're Right, Buy A Tank"
Why?
Marc Faber, when interviewed about Obama's win:
“They should buy themselves a machine gun…I need to buy a tank. Joking aside, look, we have manipulated markets. Whenever you manipulate markets, you will get unintended consequences. i think the reelection is unintended consequence of money printing, that favors the so- called 0.25%. It was easy for the Democrats to attack the wealthy fat cats of Wall Street, the elite, and the privileged people to portray them as a profiteer of the system, which to some extent, they are. Not because they wanted to but because Mr. Bernanke enabled them to be profiteers ....
=> unfortunately, when MAS allows pegging of interest rate to US rate ... the wealthy fat cats of Singapore will continue to profit from it 
And it is better to buy asset in Singapore because you won't need a machine gun or tank to protect it 
Last edited by phantom_opera; 08-11-12 at 16:01.
Ride at your own risk !!!
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