TRACKING THE AUTHOR OF THE GLOOM BOOM DOOM REPORT AND GOLD VIGILANTE, MARC FABER AN UNOFFICIAL TRACKING OF HIS INVESTMENT COMMENTARY
Wednesday, June 30, 2021
The Global Dialogue With Marc Faber
Wednesday, June 9, 2021
Marc Faber: The Economy Will Not Return for Years
Marc feels, “The economy is currently in a dead-cat bounce and that peak economic levels seen in 2018-2019 will not come back for a long-time… and by a long-time… years.”
Marc questions the belief that government and central banker actions create prosperity. This may be true in the short-term, but it likely has very negative consequences in the long-term. Governments are not very productive, and most things can be done far more efficiently in the private sector.
Marc discusses how he has seen firsthand the socialist and communist systems of the world and how they are a disaster for personal and economic freedom. He says, “Socialism always brings less freedom and unpleasant rulers.”
The Fed finances the state, and today many people are earning more staying at home than actually working. The government will undoubtedly have to institute further programs to support the populace.
The problem with rising assets is that it further increases wealth concentration. This, in turn, increases social tensions, and this instability can cause further hardships for the populace. It’s vital for a society to due what is right and not do things like make the stock markets go up.
- Source, Palisade Radio
Friday, June 4, 2021
Tuesday, May 18, 2021
Tuesday, May 11, 2021
Wednesday, May 5, 2021
Marc Faber: The Environment We’re In Favors Quick Profits
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.
- Source, The Meb Faber Show
Wednesday, April 28, 2021
Marc Faber: The Great Reset, Thucydides Trap, & Preparing for Tough Times
Peering into the future of U.S. empire, a Soviet-style collapse is possible and the dollar will lose its reserve status, but the geopolitical danger point comes when the stimulus effects wear off and Washington may consider escalating tensions with Eurasia including through the use of false flag operations as is typically done throughout history.
He ponders whether it is even worth starting a revolution against the ongoing tyranny considering the culture is so far gone, and whether simply getting out of dodge might be a better option, before touching on a few guiding principles on how to prepare for a darker future.
- Source, Geopolitics & Empire
Tuesday, April 6, 2021
Thursday, April 1, 2021
Marc Faber: Investment Opportunities Around the World and Biggest Threat to the Rich
Saturday, March 27, 2021
Marc Faber: Investors Should Be Open To Learning From Mistakes
Learning from mistakes is crucial for any investor to thrive in the world of stock markets according to the legendary investor and author of the Gloom Boom and Doom report, Marc Faber.
Learning from mistakes is crucial for any investor to thrive in the world of stock markets according to the legendary investor and author of the Gloom Boom Doom report, Marc Faber.
Faber had famously predicted the 1987 stock market crash which resulted in the then all 23 of the world markets to crash. The Swiss investor also predicted the rise of commodities like oil, precious metals and of emerging markets like China in his 2002 book "Tomorrow's Gold: Asia' Age of Discovery".
Reliving his four-decade-long experience as an investor and fund manager, Faber told BOOM admitting one's mistakes and learning from them will only help an investor grow."I think I've millions regrets and I've made millions of mistakes in my life. And you know, life is a learning process. And the fact that you age does not prevent you from making mistakes," he said.
Apart from keeping an open mind, Faber also advised budding and established investors to realise that the markets do not follow any one's beliefs and opinions and that rather they should study how the markets react to changes.
"It is an important insight that within the discipline that you follow, you continuously have to think that your view and my view are basically irrelevant. The market will move according to many different criteria. They will look at many different factors. And then the market moves independently of what you and I think. That is a very important insight for an investor," he said.
Learning from mistakes is crucial for any investor to thrive in the world of stock markets according to the legendary investor and author of the Gloom Boom Doom report, Marc Faber.
Faber had famously predicted the 1987 stock market crash which resulted in the then all 23 of the world markets to crash. The Swiss investor also predicted the rise of commodities like oil, precious metals and of emerging markets like China in his 2002 book "Tomorrow's Gold: Asia' Age of Discovery".
Reliving his four-decade-long experience as an investor and fund manager, Faber told BOOM admitting one's mistakes and learning from them will only help an investor grow."I think I've millions regrets and I've made millions of mistakes in my life. And you know, life is a learning process. And the fact that you age does not prevent you from making mistakes," he said.
Apart from keeping an open mind, Faber also advised budding and established investors to realise that the markets do not follow any one's beliefs and opinions and that rather they should study how the markets react to changes.
"It is an important insight that within the discipline that you follow, you continuously have to think that your view and my view are basically irrelevant. The market will move according to many different criteria. They will look at many different factors. And then the market moves independently of what you and I think. That is a very important insight for an investor," he said.
- Source, Boom Live
Tuesday, March 23, 2021
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