In this Marc Faber February 2012 interview on Bloomberg, he says that he is buying property in Hong Kong and Thailand, because he is finding high yields there.

The economies around the world may not do very well, but asset prices will go up one way or another. The trick will be to get out of assets at the right time.

You have one bubble after another. First Nasdaq, then Real Estate, then Commodities. The trick is to move your money from one asset class to another.

It is looking like 1987. Silver is already up 19%, and gold is up 11%.