I. He is underweight equities right now.
II. Emerging Markets - Faber would not be buying these high-flying markets right now even though they could enter a final parabolic phase. He would be selling positions.
III.Faber believes that a inflection point could be at hand leading to a nice move upward move in the dollar. He would not be short the dollar right now.
IV.Gold and Commodities - Because he is bullish on the dollar right now, Faber believes there could be a significant correction in gold and other commodities.
More can be found here.
Update on my holdings:
Sold 50%- NOL (+8.8%), Noble(+13.5%) and SembMar (+8.4%)
Holding 100% - Gold (very long term), SOHO (not high enough), BOA (still at loss)
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