- Source Sprott:
TRACKING THE AUTHOR OF THE GLOOM BOOM DOOM REPORT AND GOLD VIGILANTE, MARC FABER AN UNOFFICIAL TRACKING OF HIS INVESTMENT COMMENTARY
Monday, March 31, 2014
Emerging Economies Will Submerge Soon, Gold Demand to Follow
Saturday, March 29, 2014
Marc Faber: Gold is Your Best Cash
Treasuries OK now, but not later
World Debt is spelled Doom
Sunday, March 16, 2014
Unrest In Ukraine, Thailand & Venezuela From Lack Of Recovery
Friday, March 14, 2014
Wednesday, March 12, 2014
Usually These Long Bull Markets End Badly
The long-running bull market in U.S. stocks runs the risk of ending badly, and that's why perennial contrarian Marc Faber warned investors Tuesday to stay away.
"In the U.S., it's probably too late to buy," the publisher of "The Gloom, Boom & Doom Report" told CNBC.
The Dow Jones Industrial Average and S&P 500 Index are coming off their first two-week winning streaks of 2014, and their best single week of gains of the year.
Faber said that stocks have been going strong for five years. "And by the end of March, we will be in the second-longest bull market for the last eight years," he added in a "Squawk Box" interview.
"Usually these long bull markets, they end badly," he said, pointing to the 1987 crash and the significant declines in 2000 and 2007.
"So I don't think it's a very opportune time to buy [U.S.] equities," Faber added.
While it might be too early to buy some of the beaten-down emerging markets at these levels, investors can make money in the longer-term, he said.
"I think I can make the case that over the next five to 10 years, I will make more money by buying now in the emerging economies then in the U.S.," Faber said.
"In the U.S., it's probably too late to buy," the publisher of "The Gloom, Boom & Doom Report" told CNBC.
The Dow Jones Industrial Average and S&P 500 Index are coming off their first two-week winning streaks of 2014, and their best single week of gains of the year.
Faber said that stocks have been going strong for five years. "And by the end of March, we will be in the second-longest bull market for the last eight years," he added in a "Squawk Box" interview.
"Usually these long bull markets, they end badly," he said, pointing to the 1987 crash and the significant declines in 2000 and 2007.
"So I don't think it's a very opportune time to buy [U.S.] equities," Faber added.
While it might be too early to buy some of the beaten-down emerging markets at these levels, investors can make money in the longer-term, he said.
"I think I can make the case that over the next five to 10 years, I will make more money by buying now in the emerging economies then in the U.S.," Faber said.
- Source, CNBC:
Monday, March 10, 2014
Probably Too Late to Buy US Stocks
- Source, CNBC:
Tuesday, March 4, 2014
A Vicious Circle To The Downside Is Just Beginning
"It's not just tapering that is putting pressure on markets," Marc Faber warns in thie brief clip. "Emerging economies have practically no growth and we have a slowdown in China that is more meaningful than strategists are willing to believe," he adds and this is "causing a vicious circle to the downside" in inflated asset markets as most of the growth in the world over the last five years has come from emerging markets. Faber suggests Treasuries as a safe haven in the short-term; but is nervous of their value in the long-term as "debt is becoming burdensome on the system." "A lot of economic growth was driven by soaring asset prices"
- Marc Faber via a recent CNBC interview
Sunday, March 2, 2014
What Could Crash Stocks in 2014?
Its interesting that despite all the money printing bond yields didnt go down, they bottomed out on July 25th 2012 at 1.43 percent of the 10 year. We are now 2.85 percent. We are up substantially. This hasn't had an impact on stocks yet. Infact it pushed money into the stock market out of the bond market.
But if they 10 years goes to three and half to four percent and the 30 year goes to close to five percent, the mortgage rates go 6 percent, that will hit the economy very hard.
But if they 10 years goes to three and half to four percent and the 30 year goes to close to five percent, the mortgage rates go 6 percent, that will hit the economy very hard.
- Marc Faber
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