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 [...]
Posts Tagged ‘marc faber’
Marc Faber: Global Collapse will Happen Eventually, Monetary Problems Today Can Not Be Solved
January 15th, 2012
Elisheva Wiriaatmadja Marc Faber: Gold could fall to $1,100
September 26th, 2011
Elisheva Wiriaatmadja (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
August 30th, 2011
Elisheva Wiriaatmadja 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 [...]
Marc Faber: Buy a $100 US Bond to Teach How Inflation Causes Its Value to Vanish
June 27th, 2011
Elisheva Wiriaatmadja 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: China in One Year – Recession!
May 31st, 2011
Elisheva Wiriaatmadja 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
May 27th, 2011
Elisheva Wiriaatmadja (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”
April 3rd, 2011
Elisheva Wiriaatmadja 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
March 15th, 2011
Elisheva Wiriaatmadja 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 [...]




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