Inquiries On Gold
Posted on November 14, 2012 at 12:30 PM EST
“I don’t think markets are going down because of Greece,” our old friend Marc Faber offered as an alternative explanation for the market’s recent malaise to CNBC’s Squawk Box yesterday. “I don’t think the markets are going down because of the ‘fiscal cliff,’” he added, “because there won’t be a ‘fiscal cliff. “The market is going down because corporate profits will begin to disappoint,” Mr. Faber dolefully explains, “the global economy will hardly grow next [...] Inquiries On Gold appeared in the Daily Reckoning . Subscribe to The Daily Reckoning by visiting signup for an Agora Financial newsletter .