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Marc Faber Favors Commodities as Inflation Quickens

By admin - Posted on June 24th, 2008
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Japanese stocks, Asian real estate and commodities are investors' best bets as faster inflation erodes returns in the rest of the world's markets, investor Marc Faber said.

'Demand for commodities and oil will not vanish,' Faber. 'The shift in demand that drove up commodity prices is not going to go away.' Inflation may boost Japanese share prices and Asian property will benefit as more people gain access to mortgages, Faber said. Japan's Topix Index has fallen 8.6 percent in 2008.

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