Tuesday, April 22, 2014

Asian conflicts and the impact on natural resources

My view is this. We wouldn’t have a conflict in Asia if there was no intervention by the US. The US has the security pact with Japan and military and naval bases all over Asia. The Chinese economy is highly vulnerable in the interruptions in the supply of metals and oil, because 47% of global metals consumption is nowadays coming from China (up from 4% in 1990 and 10% in the year 2000). It has become a huge factor; for their industry, they need iron ore from Australia, copper from Australia, oil from the Middle East, etc. The Chinese are very concerned about interruptions of supplies. Over time, the Chinese would want to control the East and South China Sea. I do not think that they have any aggression plans. The US would not be particularly happy if the Chinese or the Russians would have military bases in the Carribean, Mexico, Canada, The Chinese cannot accept to be encircled by military bases by the US in Central Asia, in North East Asia and in South Asia. So I believe the tensions will increase over time.

- Source ETF Daily:

Sunday, April 20, 2014

If there was a recession in China, would people still buy gold?

I think, if the Chinese economy imploded, it is likely that the currency would begin the weaken (the Yuan). Or that the government would implement a devaluation of the Yuan. If that were the case, I think that Chinese individual investors would rather shift of their money in gold (which they can buy in China nowadays) then keep the funds in the local currency. I think that trouble in Asia and geopolitical unrest in Asia, along with [economic] problems in the rest of the world, may actually lead to higher gold demand rather than lower gold demand.

- Source:

Wednesday, April 16, 2014

China's Colossal Credit Bubble Is Deflating

Marc Faber, managing director and founder of Marc Faber Ltd., comments on the state of the Chinese economy. He speaks with Trish Regan on Bloomberg Television's "Street Smart." (Source: Bloomberg)

Monday, April 14, 2014

A Chinese Slow Down is on the Way

“Well, I have talked about a meaningful slowdown in the Chinese economy for more than a year. Now the government had been very good at hiding the slowdown, but it is now becoming clearer that the slowdown is on the way. I suppose that China has been and will grow at 4% per annum at the most, which is a relatively a slow growth rate, but it is a very high growth rate compared to, say, that in the US or Europe.”

- Marc Faber, Author of the Gloom Boom and Doom Report

Saturday, April 12, 2014

The FED Could Give Up Tapering

“Basically, what they are usually saying is that everything is data dependent. In other words, since October 2011, we have not had a significant correction in the market. The largest corrections were those of less than 11% and actually, over the last three to four months, we have gone up very strongly. Now if the data deteriorates and if the stock market declines by 20% over a given period of time, I think the US Fed would actually increase asset purchases and actually give up the tapering that they propose.”

- Marc Faber, Author of the Gloom Boom and Doom Report

Thursday, April 10, 2014

Tuesday, April 8, 2014

China's Unwind Will Be a Disaster

Marc Faber, managing director and founder of Marc Faber Ltd., comments on the state of the Chinese economy. He speaks with Trish Regan and Matt Miller on Bloomberg Television's "Street Smart."

- Source, Bloomberg TV:

Sunday, April 6, 2014

Friday, April 4, 2014

Wednesday, April 2, 2014

China to see 4% growth

Marc Faber appears on CNBC where he explains why he see's China's economy growing at only 4% going forward.

- Source, CNBC:

Monday, March 31, 2014

Emerging Economies Will Submerge Soon, Gold Demand to Follow

Marc Faber is interviewed by Sprott where he discusses his forecast for emerging economies and how he see's gold moving higher in the future.

- Source Sprott:

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