Faber on commodities, equities, bonds and geopolitics

Interesting interview with Marc Faber on Bloomberg. Faber remains long-term bearish on the economy, but sees room for some improvement on a three-month basis. He see equities being able to rally another 20%, specifically the industrial commodities stocks as well as the high quality names in each sector. Also he sees a rebound in the BRICS. Finally, he has some thought provoking comments regarding geopolitics, amongst other stating that the world has already entered into World War III, and repeated that short treasuries will be ‘the trade of 2009′

Bloomberg link