Friday, April 26, 2013

Obama is a Disaster for Business and the United States



Marc Faber says the he believes Obama is a disaster for business and the United States as a whole. He see's stocks falling at least by 20%.

- Source, Bloomberg TV:

Wednesday, April 24, 2013

There is Too Much Paper Money


Author of the Gloom Boom and Doom Report, Marc Faber appears on CNBC's "Squawk Box". He discusses gold, inflation and the federal reserve. He says too much paper is being printed worldwide.

- Source, CNBC:

Monday, April 22, 2013

Global Recession is Coming


Marc Faber appears on CNBC's "Fast Money" and discusses the ongoing European crisis. He says that Greece should exit the Eurozone.

- Source, CNBC:

Saturday, April 20, 2013

Not Even Gold Will Be Able To Save You From What Is Coming


"The Fed has been printing so much money it does not flow evenly through the system. Bubbles are created and Marc Faber is concerned about a systemic crisis approaching."

- Source, Bloomberg TV:

Monday, April 15, 2013

The Looming Bond Market Crash


Note: Marc Fabers part begins at the 46:00 minute mark, I suggest skipping to that point.

"Dr. Marc Faber, editor of the widely read Gloom Boom and Doom Report, is one of the true legends in the financial world.

This week, he gives us his best guess on the looming bond-market crash... and you may be surprised to hear his timeframe."

- Source, Stansberry Radio:

Sunday, April 14, 2013

The Perils of Money Printing


"First of all, I do not believe that the central banks around the world will ever, and I repeat ever, reduce their balance sheets. They’ve gone the path of money printing and once you choose that path you’re in it, and you have to print more money.

If you start to print, it has the biggest impact. Then you print more - it has a lesser impact unless you increase the rate of money printing very significantly. And, the third money printing has even less impact. And the problem is like the Fed: they printed money because they wanted to lift the housing market, but the housing market is the only asset that didn’t go up substantially. 

In general, I think that the purchasing power of money has diminished very significantly over the last ten, twenty, thirty years, and will continue to do so. So by being in cash and government bonds is not a protection against this depreciation in the value of money."

- Source, Chris Martenson:

Friday, April 12, 2013

People With Money Will Lose Part of Their Wealth

"If you look at what happened in Cyprus, basically people with money will lose part of their wealth, either through expropriation or higher taxation."

- Source, CNBC:

Wednesday, April 10, 2013

We Are Going to Have a Systemic Crisis

"When you print money, the money does not flow evenly into the economic system. It stays essentially in the financial service industry and among people that have access to these funds, mostly well-to-do people. It does not go to the worker. I just mentioned that it doesn't flow evenly into the system.

Now from time to time it will lift the NASDAQ like between 1997 and March 2000. Then it lifted home prices in the U.S. until 2007. Then it lifted the commodity prices in 2008 until July 2008 when the global economy was already in recession.

More recently it has lifted selected emerging economies, stock markets in Indonesia, Philippines, Thailand, up four times from 2009 lows and now the U.S. So we are creating bubbles and bubbles and bubbles. This bubble will come to an end. My concern is that we are going to have a systemic crisis where it is going to be very difficult to hide. Even in gold, it will be difficult to hide."


- Source, Business Insider:


Monday, April 8, 2013

This Bubble Will Come to an End


"When you print money, the money does not flow evenly into the economic system. It stays essentially in the financial service industry and among people that have access to these funds, mostly well-to-do people. It does not go to the worker. I just mentioned that it doesn't flow evenly into the system.

Now from time to time it will lift the NASDAQ like between 1997 and March 2000. Then it lifted home prices in the U.S. until 2007. Then it lifted the commodity prices in 2008 until July 2008 when the global economy was already in recession. More recently it has lifted selected emerging economies, stock markets in Indonesia, Philippines, Thailand, up four times from 2009 lows and now the U.S.

So we are creating bubbles and bubbles and bubbles. This bubble will come to an end. My concern is that we are going to have a systemic crisis where it is going to be very difficult to hide. Even in gold, it will be difficult to hide."

- Source, Business Insider:

Saturday, April 6, 2013

Endless Government Manipulation


Topics that Marc Faber Discusses in this interview:
-Stocks moving higher but NO Bargain
-Manipulated markets require diversification
-Gold near a tradable low

- Source:

http://mcalvany.com

Thursday, April 4, 2013

I Would Probably Choose Gold


"Alasdair talks to Marc Faber, publisher of the Gloom Boom & Doom Report. Marc discusses his 40 years of experience in capital markets and the lessons he has learned.

He looks at the underlying nature of the American economy and details the problems arising since 2007. Money printing -- along with the insidious effects of underreported inflation -- is to some extent disguising the sorry state of the US economy. Faber is cautious on China, and when questioned about Cyprus and the loss of depositor funds, raises pertinent points about the problems that deposit insurance may cause and what the ramifications of the bailout conditions in Cyprus may have on otherwise conservative investors.

Listen in for 25 minutes of economic common sense."

- Source, GoldMoney: