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'Buy farmland' advises Dr Marc “Doom” Faber

The world’s most powerful investors have been advised to buy farmland by Marc Faber, the notoriously bearish market pundit, who predicted the 1987 stock market crash.

(Source: The Times, 22 Feb 2010)

Agricultural land:

The world’s most powerful investors have been advised to buy farmland, stock up on gold and prepare for a “dirty war” by Marc Faber, the market pundit who predicted the 1987 stock market crash and the more recent financial crisis. Mr Faber’s bleak warning of social and financial meltdown was delivered in Tokyo at a gathering of 700 pension and sovereign wealth fund mangers.

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