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Keyword: marcfaber

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  • 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...
  • Marc Faber To America: "Listen You Lazy Bugger, You Need To Tighten Your Belts, You Need To..."

    10/11/2011 7:37:45 PM PDT · by TigerLikesRooster · 18 replies
    Zero Hedge ^ | 10/11/11
    Marc Faber To America: "Listen You Lazy Bugger, You Need To Tighten Your Belts, You Need To Work More For Lower Salaries" Submitted by Tyler Durden on 10/11/2011 14:51 -0400 Once again, the latest fire and brimstone sermon by Marc Faber is absolutely spot on, starting and ending with his "policy" recommendation for what the US needs: "I will tell you what the US needs. The US needs a Lee Kwan Yew who stands in front of the US and tells them, listen you lazy bugger, now you have to tighten your belts, you have to save more, work more...
  • Marc Faber: Obama's Job Package 'a Complete Joke'

    09/09/2011 4:20:00 PM PDT · by george76 · 14 replies
    CNBC ^ | 9 Sep 2011 | Patrick Allen
    Pimco’s Mohamed El-Erian might like what he sees in President Barack Obama’s $447 billion jobs package but not Marc Faber, the author of the Gloom, Boom and Doom report, who is not happy about the President’s plan. The package is “another complete failure of Keynesian economics and corrupt interventions,” Faber
  • Marc Faber: Don’t Store Your Gold In The United States

    08/25/2011 1:17:45 PM PDT · by SeekAndFind · 85 replies
    Zero Hedge ^ | 08/25/2011 | Simon Black of Sovereign Man
    From Simon Black of Sovereign ManMarc Faber: Don’t Store Your Gold In The United StatesAs usual, the CNBC hosts were completely dumbfounded.Phoning in from Sao Paulo, Brazil, investment guru Marc Faber was a guest on CNBC last week, once again telling the unvarnished truth about the state of the world economy and bankrupt western nations.This time, Faber had a very clear message: that everyone should own *physical* gold… and what’s more, they should store it outside of the United States: “I prefer if investors hold physical gold in a safe deposit box, ideally outside the US, in various locations…...
  • Marc Faber: "The Best Thing The Fed Could Do For Markets Wold Be To Collectively Resign"

    08/09/2011 9:22:21 PM PDT · by Fred · 3 replies
    Zero Hedge ^ | 080911 | Tyler Durden
    In a Bloomberg TV interview following today's quixotic "QE3/non-QE3 announcement, which is Operation Twist 2, but not LSAP, and ushers in economic recession, even as it sends risk assets soaring, and somehow pushes the 2 Year a whopping 20 bps tighter so buy,buy, buy" and is really very much ado about nothing, the always outspoken Marc Faber had some very choice words about life, the universe and especially the residents of the Marriner Eccles building. While there still appears to be some confusions as to whether today's Fed decision to peg rates at zero for 2 years is QE3 or...
  • Marc Faber: China Bubble Crash Poses a Huge Global Risk(fire half of gov & Obama)

    08/05/2011 2:49:28 AM PDT · by TigerLikesRooster · 9 replies
    Market Oracle ^ | 08/04/11 | Aftab_Singh
    Marc Faber: China Bubble Crash Poses a Huge Global Risk Stock-Markets / Financial Markets 2011 Aug 04, 2011 - 01:48 AM By: Aftab_Singh Stock-Markets Best Financial Markets Analysis ArticleMarc Faber was interviewed on CNBC yesterday. He had some interesting thoughts on China, geopolitical trends, gold, equities, bonds and cash. See below for the video and summary. Summary: Disappointing growth (or a crash) in China is a huge risk for the global economy. If Chinese growth really slows down (or if they have a crash), it will impact Australia, Brazil, the Middle East, Canada etc. This could backfire as commodities producers...
  • Gold Is Still Cheap Despite Record Surge: Marc Faber

    04/08/2011 7:22:17 AM PDT · by TigerLikesRooster · 7 replies
    CNBC ^ | 04/08/11 | Jeff Cox
    Gold Is Still Cheap Despite Record Surge: Marc Faber Published: Friday, 8 Apr 2011 | 8:12 AM ET By: Jeff Cox Staff Writer The Federal Reserve's money-printing policies continue to make gold an attractive investment even though it has hit a succession of new highs recently, Marc Faber, author of the Gloom Boom & Doom report, told CNBC. Faber, sometimes called "Dr. Doom" for his contrarian investment perspectives and often dour views on the economy and stocks, rejected the notion that gold is in a bubble even as it begins to approach $1,500 an ounce. In doing so, he...
  • Precious Metals are true currencies: Marc Faber

    03/04/2011 8:14:49 PM PST · by TigerLikesRooster · 38 replies
    Precious Metals are true currencies: Marc Faber LONDON (Commodity Online): Global investment analyst Marc Faber says the best and true currencies available in the world today are not US dollar or Pound, but precious metals such as gold, silver, platinum and palladium. Faber, who is famous for his prediction of the US stock market crash in 1987, said that commodities, especially gold and silver will be the wise investment options for people in the wake of rising inflation and troubled economies around the world. Faber, who is the publisher and editor of Gloom, Boom & Doom Report, said that if...
  • Great Marc Faber Interview: 80% of US Budget Cannot be Cut(QE-III,IV,V coming)

    03/04/2011 8:12:00 PM PST · by TigerLikesRooster · 80 replies
    Fav Stocks ^ | 03/02/11 | Brett Owens
    Great Marc Faber Interview: 80% of US Budget Cannot be Cut By Brett Owens on 03/02/2011 – 2:24 pm PST /snip Marc: I think they do not necessarily want to support the bond market, because the debt issuance is so huge, they almost have to monetize part of the debt. I have read Treasury reports in 2010 by Tim Geithner saying the U.S. government debt increased by more than 2 trillion dollars during that period of time. The deficit, in my opinion, mathematically, cannot come down, because 80% of the budget is mandatory expenditures, in other words, you cannot cut...
  • Barron’s Roundtable’s Marc Faber is Bullish on Japan

    03/04/2011 7:58:54 PM PST · by TigerLikesRooster · 2 replies
    Barron's ^ | 03/04/11
    Barron’s Roundtable’s Marc Faber is Bullish on Japan. By John Kimelman When Marc Faber talks, readers of Barron’s tend to listen. As a long-time member of the Barron’s Roundtable, Faber, an investor based in Hong Kong, brings both a contrarian and global perpspective to investing. And need we mention his dry wit. So when Faber gets bullish on Japan, an area that has performed decently in recent months after being long shunned by investors, it’s hard not to at least listen to what he has to say. During comments yesterday at a conference in Tokyo reported by Bloomberg, Faber said...
  • Bernanke, BLS Lie About Inflation: Dr. Doom Faber

    02/02/2011 7:53:05 AM PST · by SeekAndFind · 30 replies
    CNBC ^ | 02/02/2011
    <p>Global inflation is far higher than official statistics reveal, Marc Faber, editor and publisher of the “Gloom, Boom and Doom” report told CNBC on Wednesday, with increases in the cost of living amounting to between five and eight percent in the United States and just below that in Europe.</p>
  • Marc Faber's Most Provocative Interview Ever:Compares Obama To A Prostitute

    01/25/2011 5:46:23 PM PST · by Frantzie · 8 replies
    Zero Hedge ^ | 1-25-2011 | Tyler Durden
    Earlier, Marc Faber appeared on Bloomberg TV, in what may go down in history as his most scandalous interview ever. When asked, in advance of the SOTU address, what he thinks of the president, Faber, who appears to have had enough with all the bullshit, propaganda, and lies, replies: "I think he's done a horrible job and I think that will continue, I think he is a dishonest person, and nothing has changed... Some politicians are more honest than others. I don't think that I have a very high regard for politicians, I have a high regard for businessmen and...
  • Don't Touch 10, 30 Year US Bonds: Marc Faber

    08/17/2010 8:09:20 AM PDT · by TigerLikesRooster · 15 replies · 1+ views
    CNBC ^ | 08/17/10 | Ansuya Harjani
    Don't Touch 10, 30 Year US Bonds: Marc Faber Published: Tuesday, 17 Aug 2010 | 2:52 AM ET By: Ansuya Harjani News Assistant, CNBC Asia Pacific Investors should stay clear of 10 and 30-year U.S. government bonds, warns Marc Faber, editor & publisher of The Gloom, Boom & Doom Report, following the Treasury Department's report that China's ownership of American debt has fallen to its lowest level in a year. "I think eventually inflation will accelerate," he said. "Whenever food prices go up, and grains have been very strong recently, with the sum delay, you get inflationary pressures." 10-year treasury...
  • Marc Faber: Central Banks Will Not Tighten Rates Ever Again

    05/25/2010 2:26:16 PM PDT · by blam · 36 replies · 910+ views
    The Business Insider ^ | 5-25-2010 | Joe Weisenthal
    Marc Faber: Central Banks Will Not Tighten Rates Ever Again Joe Weisenthal May 25, 2010, 4:42 PMMarc Faber gave a presentation at the Mises Institute Conference in Manhattan today, and Andrew Mellon at (via The Daily Crux) was on hand to take notes. Among his points: * Central banks will never tighten monetary policy again, merely print, print, print * Bubbles used to be concentrated in 1 sector or region in the 19th century, but off of the gold standard this concentration has ended * “The lifetime achievement of Greenspan and Bernanke is really that they created a bubble...
  • Governments Will 'Bankrupt Us': Marc Faber

    04/22/2010 3:44:19 PM PDT · by Fred · 18 replies · 802+ views
    CNBC ^ | 042310 | CNBC
    Current economic policies are not sustainable and the world faces doom because "the governments are taking over", said Marc Faber, editor & publisher of The Gloom, Boom & Doom Report. "They will all bankrupt us and expropriate us, but it may not happen tomorrow. They'll give us something to play with, until the whole system breaks down...they'll just print money and print more money," he said on CNBC Thursday.
  • Marc Faber: We Have a New Gold Standard

    03/19/2010 1:14:30 AM PDT · by TigerLikesRooster · 6 replies · 552+ views
    CNBC ^ | 03/18/10 | Antonia Oprita
    Marc Faber: We Have a New Gold Standard Posted By: Antonia Oprita | Web Producer, | 18 Mar 2010 | 05:53 AM ET The markets have created their own gold standard because of uncertainties regarding other asset classes, Marc Faber, author of "The Gloom, Boom and Doom Report," told CNBC Thursday. "I think we already have now a gold standard … created by the market place," Faber told "Squawk Box Europe." "We have the (exchange traded funds) that have proliferated and we have more and more physical buying of gold," he said. Between 2001 and 2008, gold outperformed...
  • 'Buy farmland and gold,' advises Dr Doom

    02/23/2010 6:13:51 PM PST · by jsh3180 · 63 replies · 2,644+ views
    TimesOnline ^ | February 22, 2010 | Leo Lewis, Asia Business Correspondent
    The world’s most powerful investors have been advised to buy farmland, stock up on gold and prepare for a “dirty war” by Marc Faber, the notoriously bearish market pundit, who predicted the 1987 stock market crash. The bleak warning of social and financial meltdown, delivered today in Tokyo at a gathering of 700 pension and sovereign wealth fund managers. Dr Faber, who advised his audience to pull out of American stocks one week before the 1987 crash and was among a handful who predicted the more recent financial crisis, vies with the Nouriel Roubini, the economist, as a rival claimant...
  • Marc Faber Says Bernanke Is Mugabe's Hyperinflation Apprentice

    11/11/2009 7:56:10 AM PST · by blam · 1 replies · 352+ views
    The Market Oracle ^ | 11-11-2009
    Marc Faber Says Bernanke Is Mugabe's Hyperinflation Apprentice Stock-Markets / Financial Markets 2009 Nov 11, 2009 - 03:58 AM By: Submissions Market Morning's Pat Bolland is joined by special guest host Marc Faber, editor and publisher, "The Gloom, Boom, & Doom Report" Marc Faber says the US Dollar is going to zero in the long-run but a bounce is overdue which will hit asset prices.[snip]

    07/19/2009 6:59:16 PM PDT · by Kartographer · 44 replies · 3,147+ views
    Dr Marc Faber expect total market collapse soon Here is video of Marc Faber talking CNBC yesterday total collapse coming soon and he was immidiately cutoff by the host .
  • Marc Faber: Capitalism Will Fall Like Communism (CLIP)

    05/15/2009 2:59:44 PM PDT · by FromLori · 15 replies · 869+ views
    And the US government will go bust, he guarantees.
  • Marc Faber's Outlook on the Market and Commodities

    05/12/2009 11:22:44 AM PDT · by iThinkBig · 9 replies · 997+ views
    Howe Street Productions ^ | 5-12-09 | Jason C. Rines
    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.
  • Swiss Finance Guru sees bankruptcy for the U.S

    11/07/2008 7:38:30 AM PST · by TigerLikesRooster · 66 replies · 2,968+ views
    Swiss Finance Guru sees bankruptcy for the U.S Image Swiss financial guru Marc Faber tells swissinfo he sees hard times ahead for the world's stock exchanges and even state bankruptcy for the United States. He also believes that stock exchanges will stay at low levels for a long time. Faber, otherwise known as Dr Doom for his contrarian views on the economy, has lived in Asia for the past 35 years. He is a jack-of-all-trades: investment adviser, financier, best-selling author and the compiler of a monthly economic publication called The Gloom Boom and Doom Report. Faber sits on various boards...
  • Dr. Doom: Bailout Won't Help Markets Much

    10/23/2008 4:01:04 AM PDT · by TigerLikesRooster · 31 replies · 724+ views
    CNBC ^ | 10/21/08
    CNBC Dr. Doom: Bailout Won't Help Markets Much Tuesday October 21, 1:35 pm ET The $700 billion US financial rescue plan might give the market a temporary boost, but| eventually stocks will fall again, Marc Faber, the analyst know as "Dr. Doom," told CNBC. Faber, editor & publisher of “The Gloom, Boom & Doom Report”, said he doesn’t believe that the recent efforts to ease the global credit crisis will help. “It will work temporarily in the sense that some confidence is coming back into the market,” Faber said about the bailout plan. “First we’ll get the bounce from an...