Keyword: marcfaber

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  • CNBCs own 'Dr. Doom' Faber: 'Thank God white people populated America'

    10/17/2017 1:50:53 PM PDT · by DCBryan1 · 152 replies
    CNBC ^ | Jeff Cox | @JeffCoxCNBCcom
    Market doomsayer Marc "Dr. Doom" Faber has launched a racially charged diatribe in his latest newsletter, alleging that the U.S. is great primarily because it is ruled by white people. The eccentric Gloom, Boom & Doom report author, who often speaks on CNBC and other financial media, generally forecasting some type of market downturn, focused his latest comments on the racial conflicts happening around the country. (A CNBC spokesperson said it will not book him in the future.) "And thank God white people populated America, and not the blacks. Otherwise, the US would look like Zimbabwe, which it might look...
  • It’s going to end ‘extremely badly,’ with stocks set to plummet 40% or more {TR}

    06/25/2017 6:11:36 PM PDT · by SkyPilot · 68 replies
    CNBC ^ | 24 Jun 17 | Stephanie Landsman
    If the man often hailed as the original "Dr. Doom" is right, the stock market could see another "lurch" higher — at which point investors may want to cash out quickly and run for cover. Marc Faber, the editor of "The Gloom, Boom & Doom Report' and a perennial bear, isn't backing down from his latest dire prediction that would send stocks plummeting by 40 percent or more. A drop of that size could take the S&P 500 Index down from Friday's closing price of 2,438 to 1,463. He used the meteoric rise of FANG stocks, which reflects Facebook, Apple,...
  • US economy is like Botox, looks fine only on the outside - Marc “Dr. Doom” Faber

    07/02/2016 9:30:07 AM PDT · by TigerLikesRooster · 8 replies
    RT ^ | Jun 30, 2016 | Sophie Shevardnadze
    US economy is like Botox, looks fine only on the outside - Marc “Dr. Doom” Faber Published time: 13 Jun, 2016 06:39 Edited time: 30 Jun, 2016 08:18 /snip Follow @SophieCo_RT Sophie Shevardnadze: World-famous investor, publisher of the "Gloom Boom Doom Report", dr. Doom, Marc Faber, welcome to the show, it's really great to have you with us. Now, the outcome of the U.S. vote in November won't just impact the American economy. The whole world will feel it. You were saying that your worst fear is Hillary Clinton will become president of the U.S. You said she's "a questionable...
  • Marc Faber Warns of Fed-Created Global Socialism, Backs Donald Trump

    03/18/2016 12:01:28 PM PDT · by Right-wing Librarian · 6 replies
    Money Morning ^ | March 15, 2016 | Money Morning Staff Reports
    The Swiss fund manager is a fan of Donald Trump, but for one surprising reason… “I would vote for [Donald Trump] for the simple reason that I think he’s the only one that can really defeat Hillary Clinton,” Faber opined, “and I would do anything if I were an American not to get Hillary Clinton as a president, anything.”Fortunately or unfortunately — depending on your perspective — as a Swiss national based in Thailand, Faber is not qualified to vote in the upcoming U.S. election.
  • The United States Is Imploding, On The Eve Of Destruction.

    01/24/2015 6:04:06 AM PST · by alexmark1917 · 45 replies
    The United States is gradually, but unrelentingly, destroying part of itself. The facts to support this are well-documented, told in many ways from past to present. The most egregious example of Americide is our country's treatment of African-Americans. Almost everyone agrees about the evils of slavery, once dismissed simply as a Peculiar Institution. But a debate goes on about reparations, with passionate arguments on both sides, ranging from a demand for a Reparations Superfund for jobs and education, to a claim that blacks actually benefited from slavery because of the years of 'reparations' received through poverty programs. Reparations opponents insist...
  • Here a bubble, there a bubble: Ol' Marc Faber

    09/19/2014 10:34:58 AM PDT · by SkyPilot · 9 replies
    CNBC ^ | 19 Sep 14 | Matthew J. Belvedere
    Even after the Dow and the S&P 500 closed at new all-time highs, closely followed contrarian Marc Faber keeps sounding the alarm. "We have a bubble in everything, everywhere," the publisher of The Gloom, Boom & Doom Report told CNBC's "Squawk Box" on Friday. Faber has long argued that the Federal Reserve's massive asset purchasing programs and near-zero interest rates have inflated stock prices. The catalyst for a market decline, as he sees it, could be a "raise in interest rates, not engineered by the Fed," referring an increase in bond yields.
  • Marc Faber: Three reasons a plunge is coming

    09/05/2013 3:08:13 PM PDT · by TigerLikesRooster · 13 replies
    CNBC ^ | Wednesday, 4 Sep 2013 | Alex Rosenberg
    Marc Faber: Three reasons a plunge is coming Published: Wednesday, 4 Sep 2013 | 7:00 AM ET By: Alex Rosenberg | CNBC Producer If you want to hear a rosy view on the market, you'd better not listen to Marc Faber. The editor and publisher of the Gloom, Boom & Doom Report has long held that a correction was coming—and even though that thesis has not exactly played out this year, he's standing by it. "In my view, we'll go back to the lows in November 2012—around 1,343" in the S&P On Tuesday's "Futures Now," he provided three three main...
  • Marc Faber Is Glad He Owned Stocks, Even As He Warned Everyone Of Stock Market Doom

    06/02/2013 8:30:18 PM PDT · by blam · 2 replies
    Business Insider ^ | 6-2-2013 | Sam Ro
    Marc Faber Is Glad He Owned Stocks, Even As He Warned Everyone Of Stock Market Doom Sam Ro Jun. 2, 2013, 1:04 PM Marc Faber, author of the "Gloom Boom & Doom Report," is as bearish as ever. "People with assets are all doomed, because prices are grossly inflated globally for stocks, bonds, and collectibles," says the investment advisor in a new interview published in this week's Barron's. But Faber is the first to admit that at least the timing of some of his calls has been wrong. From Barron's: I thought the U.S. market would have a 20% correction...
  • Marc Faber: "People With Financial Assets Are All Doomed"

    06/02/2013 10:55:04 AM PDT · by Lorianne · 22 replies
    Zero Hedge ^ | 01 Jun 2013 | Tyler Durden, quoting Mark Farber
    As Barron's notes in this recent interview, Marc Faber view the world with a skeptical eye, and never hesitates to speak his mind when things don't look quite right. Faber explains, among other things, the fallacy of the Fed's help "the problem is the money doesn't flow into the system evenly, how with money-printing "the majority loses, and the minority wins," and how, thanks to the further misallocation of capital, "people with assets are all doomed, because prices are grossly inflated globally for stocks and bonds." Excerpted from Barron's: On the error of the Fed's ways: The Fed has been...
  • What Happened In Cyprus Will Happen Everywhere: Marc Faber

    04/04/2013 1:33:08 AM PDT · by Perseverando · 45 replies
    CNBC ^ | Arpil 2, 2013 | Paul Toscano
    Growing wealth inequality means that the wealthy have nowhere to hide and that events like those in Cyprus will happen in more countries around the world, including developed nations, said Marc Faber, the contrarian investor and publisher of the Gloom, Boom & Doom Report. "It will happen everywhere in the world, in Western democracies," Faber said "Squawk on the Street" on Tuesday. "You have more people that vote for a living than work for a living. I think you have to be prepared to lose 20 to 30 percent. I think you're lucky if you don't lose your life." "If...
  • MARC FABER: Not Even Gold Will Be Able To Save You From What Is Coming

    03/27/2013 8:27:32 PM PDT · by Kartographer · 16 replies
    Business Insider ^ | 3/27/13 | Matthew Boesler
    Here's his explanation: When you print money, the money does not flow evenly into the economic system. It stays essentially in the financial service industry and among people that have access to these funds, mostly well-to-do people. It does not go to the worker. I just mentioned that it doesn't flow evenly into the system. Now from time to time it will lift the NASDAQ like between 1997 and March 2000. Then it lifted home prices in the U.S. until 2007. Then it lifted the commodity prices in 2008 until July 2008 when the global economy was already in recession....
  • Nouriel Roubini Is Bullish…For Now: “The Mother of All Bubbles” Has Begun

    02/22/2013 8:26:14 PM PST · by ExxonPatrolUs · 7 replies
    Yahoo Daily Ticker ^ | 2.22 | Aaron Task
    Two days of weakness in stocks after the Fed hinted it might “vary the pace of asset purchases” has some folks ready to declare the bull market over and done. “Exit any and all bullish constructed positions and rush to the sidelines," declares veteran trader and newsletter writer Dennis Gartman. Others, including Pimco’s Mohammed El-Arian, “Gloom Boom and Doom” author Marc Faber and hedge fund manager Doug Kass have made similar comments in recent days, albeit sans Gartman’s dramatics. Related: PIMCO's El-Erian: Maintaining High Equity Prices Will Be Hard Given this backdrop and with the economy facing myriad headwinds from...
  • Marc Faber: "Fed QE3 Will Destroy The World" (and the middle class)

    09/15/2012 7:20:35 AM PDT · by dennisw · 28 replies
    zerohedge ^ | 09/14/2012 | Tyler Durden
      Free Republic moderators---  please do not excerpt.--Zero hedge does not mind        "Everything will collapse" is the consequence Gloom, Boom, & Doom's Marc Faber sees from the Fed's latest 'stimulus' (and the fallacy and misconception of how money-printing can help employment). In a wondrously clarifying interview on Bloomberg TV this morning, Faber explained why he was 'happy', since "the asset values of his holdings will go up" but as a responsible citizen he is worried because "the monetary policies of the US will destroy the world." It truly is class warfare under a veil of 'its good for you' as...
  • Rick Wiles interviews Swiss investor Marc Faber on the TruNews Network.

    07/09/2012 8:16:09 PM PDT · by Errant · 24 replies ^ | July 9, 2012 | Rick Wiles
    Topic: Analysis of the worsening global debt crisis, and how you can successfully navigate around the financial minefield
  • Marc Faber (100%) Guarantees A Global Recession

    05/25/2012 2:22:19 PM PDT · by blam · 11 replies
    TBI ^ | 5-25-2012 | Ben Duronio
    Marc Faber (100%) Guarantees A Global Recession Ben Duronio May 25, 2012, 1:46 PM In an interview on CNBC's Fast Money Halftime Report, Marc Faber of the "Gloom, Boom, and Doom Report" stated that a global recession in the final quarter of this year or any time next year is certain. “I think we could have a global recession either in Q4 or early 2013. That’s a distinct possibility." When asked what were the odds, Faber replied, "100%." Faber has been calling a potential stock market crash later this year if the markets did not come down, but since the...
  • Forget Greece, China Biggest Risk to Global Economy: Faber

    05/19/2012 3:40:00 AM PDT · by TigerLikesRooster · 10 replies
    CNBC ^ | 05/18/12 | Jean Chua
    Forget Greece, China Biggest Risk to Global Economy: Faber Published: Friday, 18 May 2012 | 6:16 AM ET By: Jean Chua Writer for Forget Greece, which is an "insignificant" economy, it is China that poses the biggest risk to the global economy, Marc Faber the editor and publisher of the Gloom, Boom and Doom report told CNBC on Friday. "I think the biggest risk is actually China because if you look at Greece, it's an insignificant economy," Faber said on CNBC Asia's “Capital Connection.” "Yes, they owe money, but the market knows that it's bankrupt." The European Central Bank...
  • Marc Faber-Go East Young Man/Woman--13.Apr.2012

    04/13/2012 10:41:44 AM PDT · by appeal2
    The Financial Survival Network ^ | 04/13/2012 | Kerry Lutz presents The renowned Dr. Doom also known as Dr. Marc Faber joined FSN today to discuss his latest commentary that it might just be time to start looking at real estate investments in severely distressed markets such as Florida and Arizona. Dr. Faber explained his outlook for the Western Economies, his forecasts for Gold and Silver, and his take on "printing press" economics. Ever voluble, while at the same time sounding the clarion call for the collapse of civilization, Dr. Faber talks about what things make for a happy, satisfying, and content life. Never dull, Dr. Faber has always...
  • Triple Lutz Report--Marc Faber Says It May Be Time To Buy Real Estate--10.Apr.2012

    04/10/2012 10:34:28 AM PDT · by appeal2 · 4 replies
    The Financial Survival Network ^ | 04/10/2012 | Kerry Lutz presents: Dr. Marc Faber (Gloom Boom and Doom Report) thinks real estate in extremely depressed markets may be a good buy. He may be right, but he could also be wrong, and the markets could decline further. Yes markets in Florida, Phoenix and Vegas have declined by as much as 75% since the economic collapse began in 2007. However, that doesn’t mean these markets can’t decline even further. If you see a house in a boarded up subdivision, and it’s selling for next to nothing, that doesn’t make it a good buy. We propose several means of valuing a...
  • Marc Faber Urges EU Dissolution, PIIGS to Default

    12/15/2011 4:54:28 AM PST · by TigerLikesRooster · 11 replies · 1+ views
    Marc Faber Urges EU Dissolution, PIIGS to Default By jturbin | December 14, 2011 8:20 PM GMT “If I were Greece or Portugal or Spain, I would say ‘bye-bye.’ I exit the EU. And the debts in EU, that’s your problem.” The above commentary is from Marc Faber, author of the widely-read Gloom Boom & Doom Report. In a recent interview with Fox Business News, Faber argued that a dissolution of the European Union would be in the best interests for Europe in the long-run. “The best would be to dissolve the EU…let the markets sort this out. Let the...
  • Jim Rogers vs. Marc Faber, Dog Fight Breaks Out in Asia

    12/07/2011 3:23:35 AM PST · by TigerLikesRooster · 3 replies
    Beacon Equity Research ^ | 12/02/11 | Dominique de Kevelioc de Bailleul
    Jim Rogers vs. Marc Faber, Dog Fight Breaks Out in Asia Posted by Dominique de Kevelioc de Bailleul on Dec 02, 2011 | 2 comments The dog fight between Thailand’s Marc Faber and Singapore’s Jim Rogers is on. The point of contention is: Which way will commodities prices go now that China’s bubble economy appears to be headed for some sort of economic slowdown, contraction or crash? Sign-up for my 100% FREE Alerts! “Well if we define a bubble as a period of excessive growth and artificially low interest rates, then China had a huge bubble,” Faber told King World...