Wednesday, May 5, 2021

Marc Faber: The Environment We’re In Favors Quick Profits

In episode 305, we welcome our guest, Marc Faber, Editor and Publisher of The Gloom, Boom & Doom Report, which highlights unusual investment opportunities around the world. 

In today’s episode, we begin with Marc’s thoughts on why governments mishandled the COVID response in the last year, and what he expects the long-term effects from both the monetary and fiscal responses will be going forward. 

Then he shares his thoughts on why he thinks more and more of the younger generations favor socialism. 

We touch on the financial speculation in the markets, particularly with Robinhood options trading. 

As we wind down, we hear where Marc thinks you can put some money to work. He shares his thoughts on gold, Asian equities, energy and financials.