Friday, April 8, 2011

Art is a hedge against inflation - Marc Faber


Well-known economist, Marc Faber, recently mentioned art as a hedge against inflation on CNBC. Many economists are worried about hyper-inflation because of the Federal Reserve's money-printing policies ("quantitative easing"). Faber said that in a hyper-inflationary environment, good investments are gold,
"commodities, real estate, art, collectibles and so forth, anything that essentially cannot be multiplied at the same rate as paper money, that is subject to the printing presses of Mr. Bernanke."

Please see full article by Jeff Cox at Gold Is Still Cheap Despite Record Surge: Marc Faber, April 8, 2011

Please see Bonnie Hodges' portfolio and consider making an inflation-proof investment in fine art.


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