Marc Faber's Outlook on the Market and Commodities

Howe Street Productions ^ | 5-12-09 | Jason C. Rines

[iThinkBig]

Kudos to Dr. Faber for his continued insightful education to the investment community and the public at large. Each video is about nine minutes long and discusses inflation, particular market opportunities such as mining, real estate and short opinions about President Bush/President Obama.

[iThinkBig]

We're going to have a temporary economic recovery in 2010. Just in time for the elections of course. After that, get ready for $5 gas and $4 loaf of bread. This is double-dip also known as a W shaped downturn event. It is going to be miserable until Financial Oversight Committee members in the House of Representatives are booted from office. I speculate 2012 will mark a year of voter revolution like the other three eras of American history where government and banking collusion creates depressions.

[The Californian]

bttt

[FReepaholic]

...Marc Faber's Outlook on the Market and Commodities...

Wasn't he with Grand Funk Railroad?

[misterrob]

The bond markets are already sending off major warning signs as the prices of ten and thirty year notes have ramped up considerably. Oil approaching $60, gas back up over $2 and metals are increasing.

I doubt much good will be had in 2010...

[Malesherbes]

Faber in 2008 commented on the $ 600 rebates the gov’t sent out.

He said, if you spend it at Walmart, it stimulates the Chinese economy. If you spend it on a computer/software, it stimulates the Indian economy. If you buy fruits and vegies, it stimulates the Mexican economy. If you spend it on crap, it stimulates the Taiwanese economy.

The only way to stimulate the American economy would be to spend it on our own products, like prostitutes and beer, and he said he was doing his part.

[Hostage]

2013 The FairTax (H.R. 25) passes and the 16th Amendment is repealed, exactly 100 years after the abomination.

[dfwgator]

...Marc Faber's Outlook on the Market and Commodities... Wasn't he with Grand Funk Railroad?

Wasn't he the guy who founded Faber College?

[NaughtiusMaximus]

LOL!

[iThinkBig]

“2013 The FairTax (H.R. 25) passes and the 16th Amendment is repealed, exactly 100 years after the abomination”

Yes, that is a very interesting observation. Another massive global boom bust cycle. Let’s hope the trend is NOT our friend in regards to global war following...

[iThinkBig]

...Marc Faber’s Outlook on the Market and Commodities...

Wasn’t he with Grand Funk Railroad?”

No. German investor nicknamed Dr. Doom for predicting the crash of the markets. They crashed as Marc predicted and in the timeframe states as well. He is a good common sense type of a person. He spends a lot of time attempting to educate the public without attempting to sell investments. He has been on the major news outlets quite a few times. His forecasts still remain extraordinarily accurate.

J