Search completed
But – Dr. Doom does not dismiss Prechter’s call altogether (Details on Prechter’s latest predictions here). CNBC reports on Faber’s outlook in his August 2010 Doom, Boom, Gloom Report newsletter: Marc Faber says before dismissing Prechter as a lunatic you should look at his record. In 1978 when he predicted the Dow would reach 2,300 […]
Marc Faber was Jim Puplava’s guest on the Financial Sense Newshour this weekend. You can listen to Faber’s interview here. Some quick notes: Faber on Leverage He advises against the use of leverage for most investors, because a small move against you can wipe you out entirely While he believes the gold bull market probably […]
No Fear, Again: Market Participants Are Opting For Extra Yield, Risk Be Damned Last week, a buddy from college sends me an email: “Hey, I got a little bit of cash sitting around, earning next to nothing in a savings account. Anything you’d recommend to get this cash working for me?” “Not really – everything […]
Last week, Marc Faber wrote an article for The Daily Reckoning, where he critiqued America’s economic policy…you can likely guess the general tone of it. I always find his commentary extremely insightful. You’ve probably noticed that Faber is one of my favorite gurus. I’m almost finished reading Tomorrow’s Gold, which he wrote back in 2002…it’s […]
Marc Faber says that investing in agriculture today will be like investing in oil in 2001, when it was priced at $17/barrel, according to The National Post. Faber says that record low inventories, declining agricultural productivity, and increasing demand for food will drive prices higher. The falling productivity line is especially interesting…Faber says productivity in […]
Here’s Dr. Doom himself, Marc Faber, giving one of his usual insightful and thought provoking interviews for Bloomberg. What really caught my ear was around the 4:30 mark, he proclaimed the bull market in long dated bonds to have ended as of December 18, 2008. (He also pinpoints the start of the bull market at […]
Here’s a great interview I just came across – Peter Schiff interviewing Marc Faber (late February 2009), and I found it on LewRockwell.com to top it off – what a trifecta! Here’s a great quip from Faber: What Mr. Greenspan and Mr. Bernanke have achieved is historically quite unique. They have managed to create a […]
Legendary investor George Soros, co-founder of the famed Quantum Fund with Jim Rogers, told Bloomberg: “It’s a bear-market rally because we have not yet turned the economy around,” and reiterated that this financial crisis is worse than anything we’ve seen in our lifetimes. Marc Faber is also quoted in the article, saying the S&P index […]
Here’s a short interview Marc Faber gave for Bloomberg recently (week of March 23rd), where he gave his current thoughts on US equities and Treasuries: Faber’s thoughts: Markets became extremely oversold on March 6, when the S&P touched 666 This rally may have some more legs, because the government is printing money – so asset prices may rise […]
Marc Faber’s observations on a CNBC interview from January 19, 2009: The corporate credit markets have improved somewhat He expects government bond markets to weaken, due to the increasing unlikeliness they will be able to pay off their mounting deficits – believes this may be the “next shoe to drop” There’s a very good chance […]
Recent Comments