Thursday, September 3, 2009

Global Investing Webcast Sept. 9th

What's the forecast for the global economy?

If you asked Dr. Marc Faber, he'd probably tell you "mostly gloomy with scattered signs of boom."

There is hope out there for global investors. Dr. Faber believes global markets are entering a new world where demand is driven by developing countries.

In addition to publishing a monthly newsletter, The GloomBoomDoom Report, Dr. Faber is the author of Tomorrow's Gold: Asia's Age of Discovery. He is a memeber of the Barron's Roundtable which is a collection of investment industry titans. Dr. Faber is also one of the most sought-after speakers at investment conferences around the world.

Tune in and listen to Dr. Faber and U.S. Global Investors' CEO and chief investment officer, Frank Holmes, discuss the possibility of hyperinflation, the new role for gold and silver in a portfolio and where investors can find the best value in the world.

Still time to sign up.

Most investors know Dr. Faber. Frank Holmes is a fantastic guy too. I had the opportunity to meet Frank and hang out with him in the early 90's, at Investment Company Institute (ICI)conferences. He's a Canadian who purchased U.S. Global Investors mutual funds and investment advisor, when it was one gold fund run by a famous 70's and 80's Texas gold bug. The man was famous for writting Warren Buffet style shareholder messages about owning gold.

At the time of Franks late 80's purchase the 70's gold rush fear was dying, as the value of the dollar was rising. We've now had ten years of the opposite trend. Dr. Faber and Frank will no-doubt talk about the world economic drivers and American economy. I'm sure gold and commodities trends will be on the agenda too.

Steve Forbes son of Malcolm Forbes and the editor-in-chief of Forbes magazine always said we need a strong dollar and when gold gets above $400 an ounce, thats a bad economic sign. With gold once again pushing new highs near $1,000, I'm sure Steve would say that's a really bad sign. Not so bad for those who own gold bullion.

If you believe in global markets and have inflation worries you'll want to listen in on the webcast. It's free-----Frank is picking up the tab. See you there.

Here is some excellent free education at Window to Wall Street's website on the value of the Dollar vs. Oil trends.

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