Wednesday, March 25, 2015

Marc Faber Economic Forecast: Gold, Oil, Stocks, Bonds, Equities, Apple (APPL) Stock Price



Thursday, March 19, 2015

Forget Rally, European Banks Are Still Sick

Monday, March 16, 2015

Marc Faber on Tail Risk, China, and Oil


Erin sits down with Marc Faber – editor and publisher of the Gloom, Boom & Doom Report and director of Marc Faber Ltd. Marc tell us what he why he believes this is the year that people will lose confidence in central banks and gives his usual nod to buying physical gold outside of the United States. However, he admits he likes the gold miners right now as a way to get exposure to the sector. Marc also gives us his macro view on China and the industrial commodities space. In China, Marc believes the real GDP growth rate has slowed to 4%. On the commodities side of things, he believes that the high cost of production will eventually lead to a price resurgence. But he says there will be pain in the short run.

- Source, Russia Today

Friday, March 13, 2015

Gold Isn't Down as Much as Apple

Tuesday, March 10, 2015

Obama Is `Very Negative' for the Economy

Saturday, March 7, 2015

Marc Faber Says He Likes Gold, `Some Emerging Economies'


Marc Faber, publisher of the Gloom, Boom & Doom report, talks about the U.S. economy, global financial markets, and investment strategy. Faber speaks with Tom Keene and Olivia Sterns on Bloomberg Television's "Surveillance."

Wednesday, March 4, 2015

U.S. Dollar, Assets Prosper, but Not Economy


Marc Faber, editor and publisher of “The Gloom, Boom & Doom Report,” talks with Tom Keene about the U.S. economy and global interest rates. He speaks on “Bloomberg Surveillance.”

Sunday, March 1, 2015

Faber: 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)

Thursday, February 26, 2015

Marc Faber: China is growing 4% max; Greece on the Brink


With only two weeks left until Greece’s current bailout program expires, Eurozone finance ministers will take another stab at hammering out a deal between Greece and its creditors on Monday. The talks on Monday are key because they’re the last chance for the new Greek government to ask for a technical extension of its current bailout program, which runs out on February 28th. Erin weighs in.

Then, Erin is joined by Marc Faber – editor and publisher of the Gloom, Boom & Doom Report and director of Marc Faber Ltd. Marc gives us his macro view on China and the industrial commodities space. In China, Marc believes the real GDP growth rate has slowed to 4%. On the commodities side of things, he believes that the high cost of production will eventually lead to a price resurgence. But he says there will be pain in the short run. Faber also opines on the expensive US market, IPO foibles and the increase in bonds carrying a negative yield. His biggest warning is a 50% correction in shares.

After the break, Boom Bust Producer Bianca Facchinei sits down with DC Council Chairman Phil Mendelson to discuss how a government spending bill has halted Initiative 71 – a ballot initiative on legalizing marijuana in the District of Columbia – from proceeding, even though voters already approved of it.

And in Defining Moments, our guests give us their takes on oil, Greece, and quantitative easing. Guests include Steve Keen, Richard Werner, Frances Coppola, Reggie Middleton, John Brynjolfsson, and Jim Pearce. Take a look!

- Source, Russia Today

Faber: Dump Biotech, Short Central Banks, Buy Gold

Mark Faber says the biotech sector, as well as social media and chip stocks, are due for a plunge. He also thinks investors will lose confidence in central banks.

- Source, WSJ

Monday, February 9, 2015

The ECB and the Federal Reserve are one and the same

I think the US government, when gold really starts to move, will take it away. They will pay something. Say like in 1933, they paid $25 per ounce of gold that people held, and after they have collected most of the gold – of course not the gold that was held by government officials, or to precisely say “by corrupt government officials,” because they’re all corrupt – they revalued the gold to $35. So the investor lost out. And I think what will happen, the US will eventually, under some kind of an excuse, whether it’s terrorism or whatever it is, expropriate gold. They’ll pay, say, at today’s price, $1220 an ounce, and then they’ll go to the ECB.

The ECB and the Federal Reserve are one and the same. The Bank of England also. They talk to each other every day. They’re the chief manipulators of everything. And then they say to the ECB, “Well, because we do it, you also should do it,” and the Draghi-type of – I don’t want to say what I think of him, but I say, Draghi-type of personalities, they’re saying, “Yeah. Yeah. We’ll do it also,” and then the Bank of England, of course, will do it also. Then they knock on the doors of the thrifts and say, “You thrifts, you also have to do it,” and the thrifts, they have no backbones anymore. The thrifts will say, “Okay. We’ll also do it.”

And so the threat is really for an investor, is where do you store your gold? Because if you have it in a bank or in an ETF, it may be taken away. And whereas I think that the Sprott Physical Gold are the best ones. When the US knocks on the door of Canada and says, “You have to do the same,” the Canadians will also say, “Yeah. Okay.” And so the best, probably, to store gold in Dubai, in Hong Kong, Singapore, physically.


- Marc Faber via Sprott Money, Ask the Expert Interview
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