Marc Faber Sees 1987 Crash Potential for Stocks

The Contrary Investing Report

Investing and Trading News, with a Contrarian, Sarcastic Twist!

It’s been a little while since Marc Faber dropped an outrageous prediction to the mainstream media – nice to see the streak busted in a big way! Faber spoke with Bloomberg and, in a beauty of an interview, he: Said the Eurozone should eventually kick out every country except Germany (but allow the other countries […]

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Sovereign Man Simon Black gave a nice breakdown of seven bullish fundamentals for agriculture in the years (and even decades) ahead: On the demand side: 1) World population isn’t getting any smaller for now. Even some of the most Malthusian models show a continued rise in global population for the next few decades until peak resources and […]

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Here’s another interview with Rick Rule (also see his recent interview with Jim Puplava) – the subject of this one is heavily focused on junior resource miners, as he sits down with Louis James at the recent Casey Research Summit.  I always love his catchphrase that you’re either a contrarian or a victim. Rule likes […]

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Remember those crappy jobs numbers reported on Friday?  Well, they were even worse than reported when you peel the onion back.  Currency analysts Chris Gaffney and Chuck Butler take a look at the report from Friday… Jobs Data Push Speculators Out of the Market by Chris Gaffney, EverBank Good day, and welcome to another week. […]

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This morning on Bloomberg I caught an interesting Jim Chanos interview – here it is below, along with my notes – in summary, Chanos: Views Petrobras and other national energy companies as “giant ATM machines” for their national governments, as well as patronage job locaters. Thinks the natural gas revolution in the US is for […]

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Eat your heart out, Rick Rollers!  Bank of America has been hilariously “Bailout Rolled” by joke website YourBofA.com. **** Dear Fellow American, Welcome to your Bank of America. Today, it’s time to acknowledge that our Bank isn’t working anymore—not just for the market, but for people, our real customers. We’ve paid $8.58 billion in relief to borrowers and […]

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Pimco’s Mark Kiesel says he’s “back in” the housing market after renting the past six years.  Kiesel sold his last house in 2006, when he was presciently concerned that the US housing market was in a bubble. He admits that headwinds remain, but believes that fundamentals have improved to the point of making housing attractive […]

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The bear market in life, liberty, and property may still have some room to run – especially if today’s election in France is any indication.  The need for austerity will soon meet unrealistic handout expectations in the US, Western Europe, and Japan, writes David Galland. On the bright side, though, the economics professor from Florida […]

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By Chuck Butler, EverBank After reaching a high of nearly $106 on Wednesday, the price of oil has hit the slippery slope (yay!) all the way down to $101.27 this morning. While it will take a while before this ride on the slippery slope is seen at the gas pump, if ever, the psychological feeling it […]

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Our buddy Drew Voros at Hard Assets Investor is on a roll!  Drew, who recently caught up with Jim Rogers, just posted an exclusive with another favorite of ours, Marc Faber. Faber believes gold has longer to run from here: Marc Faber: People say the price of gold is in a bubble stage and it […]

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