Marc Faber On US Dollar and Money Printing Bloomberg 10 13 09

[n057828]

If the US is smart they are this us dollar thing is for a reason a solution. Get rid of oil while it ends I mean the dollar. MMMM ill run my car on water yes...wow no more oil...

[overseachininadoll]

I have a different theory.

1) The Most expensive luxury apartment of the world in Hong Kong is the sales conspiracy of the Hong Kong Real Estate Zillionaire. Who is the VIP customer bought that unit? I think this mysterious buyer is a setup by the Holding Company to boost up Hong Kong's Real Estate values

[overseachininadoll]

2) Oil is UP. I think besides the fact that dollar is losing value by money printing, perhaps the US government also plays a hand or two in the oil price speculation to get the oil up. Because the Obama administration wants the New Green energy and also want to past the Cap-and- trade bill. Nothing can get done when oil's cheap.

[Vindispite]

They should be careful if it is price fixing as you say. If such is widespread, it would mean that the current values are absolutely unsustainable.

It goes without saying that you do not want to make the mistakes we made here regarding our artificial housing boom, although our problem was related to government financing which made it too easy for people who should have been ineligible for home loans to get them anyway, rather than price fixing through artificially reducing supply.