Posts Tagged ‘marc faber’

Marc Faber: Global Collapse will Happen Eventually, Monetary Problems Today Can Not Be Solved

Editor of Gloom Boom and Doom report and investor, Marc Faber, believes that there is going to be a global collapse eventually. But he is convinced that one day the whole derivative markets will cease to exist. You can postpone the problems with monetary measures for a very long time but you can not solve [...]

Marc Faber: Gold could fall to $1,100

(MoneyControl.com) The price of gold, which has fallen in recent weeks as part of a broader market sell-off, has even further to fall, Marc Faber, author of the Gloom Boom, and Doom Report, told CNBC Monday. “We overshot on the upside when we went over $1,900,” said the fund manager, who has 25% of his [...]

Marc Faber: Invest in Gold, but Outside the US

In an interview with CNBC, Faber suggested that investors hold physical gold in their safe deposit box but preferably outside the United States. For over 20 days gold price rallied to its all-time high in the $1900 per ounce level. However, just days before the $200 dollar gold price correction last week, Marc Faber predicted [...]

Gold Beyond US$1,800 Level – What Do Jim Rogers, Gerald Celente, Marc Faber Say?

Ever since the debt ceiling bill passed on Aug 2, 2011, everything went downhill for America, dragging the whole world down with them. Standard & Poor downgraded the US credit rating from AAA.The Dow Jones dropped sharply within the past 8 days by over 500 points. Gold price rose from a little over the $1600 [...]

Marc Faber: Buy a $100 US Bond to Teach How Inflation Causes Its Value to Vanish

Marc Faber was interviewed by the Daily Bell regarding the dollar and how good the emerging markets look today. He set up Marc Faber Limited, an investment advisor company focusing on value investment back in 1990 in Hong Kong but moved to Thailand, one of the emerging markets in Asia, in 2000. He has had [...]

Marc Faber: Despite the US Economic Disaster, Obama Might Still Get Re-elected

International investor Marc Faber told Insider Monkey that Obama might get re-elected despite all the disappointments in the US economy during his administration. Faber thinks that Obama is one of the worst Presidents the United States could ever had especially after he failing to keep his promise to do the things he said he would [...]

Marc Faber: China in One Year – Recession!

Marc Faber was asked by Bloomberg what the economy of China will be one year from now. He answered that China one year from now will be in a recession, although it could be a ‘technical recession’. What he means by a “technical recession” was a decrease in economic growth rate. Within one year he [...]

Marc Faber: Prepare for Another War

(Benzinga.com) Marc Faber of the “Gloom, Boom & Doom” report spoke at the Ira Sohn Conference yesterday, and talked about the destructive nature of U.S. monetary and fiscal policy, and a way to play it. Faber said that U.S. monetary and fiscal policy has created more volatility, and we can expect more of that going [...]

Marc Faber: From “Obama = Prostitute” to “US = Failed State”

After laughing in an interview with Bloomberg television back in January 2011 and saying that Obama acts like a prostitute (see below for the video of the interview), Marc Faber in his latest Gloom, Boom and Doom report last month stated that the US is a failed state.

Marc Faber: Get Ready for QE8 and World War III

Very similar to Gerald Celente’s prediction of a Great War, Marc Faber, publisher of The Gloom, Boom and Doom report predicts World War III. In a CNBC interview, Faber, who is now residing in Thailand and owning a farm there, made a prediction of more quantitative easing packages to come and how he sees World [...]