TRACKING THE AUTHOR OF THE GLOOM BOOM DOOM REPORT AND GOLD VIGILANTE, MARC FABER AN UNOFFICIAL TRACKING OF HIS INVESTMENT COMMENTARY
Sunday, September 12, 2021
Wednesday, September 8, 2021
Marc Faber: Predicts Very Hard Times Ahead For Economy & Financial Markets
These concerns are rooted in his prodigious study of failed monetary and political regimes throughout history.
Marc Faber: ‘Dr Doom’ Predicts Very Hard Times Ahead For Economy & Financial Markets Are you worried about the future?
If so, I can pretty much guarantee you that no matter how concerned your outlook is, it’s still brightly sunny compared to longtime contrarian macro analyst Dr. Marc Faber, editor and publisher of the Gloom Doom Boom report.
Marc is well-known for his global investment view, his skepticism of central planners, and his bold and often contrarian predictions.
Using a global perspective and millennia of historical precedent, Marc sees challenging times ahead.
- Source, Wealthion
Friday, September 3, 2021
Marc Faber Uncensored: What He Really Thinks...
- Source
Monday, August 23, 2021
Wednesday, August 18, 2021
Dr. Marc Faber: Inflation Cannot be Stopped
This is because every time the Fed prints, it ends up with corporations and the super-rich. Markets are no longer homogenous, and fiscal deficits are no longer expanding.
This is making it more difficult for the entire market to move upwards. Politicians and central bankers avoid discussing inflation, and people's salaries are not keeping up with inflation.
Dr. Faber says, "Once you embark on money printing and fiscal deficits attempting to stop is practically impossible... it will continue."
Current interest rates are near zero, and no matter what inflation metric you use, it will reveal that we have negative returns today. So monetary tightening is nearly out of the question. Markets can be manipulated for a time, but eventually, the market will destroy the interventionists.
We may see higher rates from here. In real terms, everything is negative, and that is boosting assets. The Fed is not in a good position, but these people don't go to jail; they will still get compensated.
Expect volatility to increase from here, and those that are leveraged will get slaughtered. "Asset markets are so grossly inflated that they could have a meaningful setback.
We've seen that in bitcoin which is now rallying but the silver and gold tumble we have experienced shows us that other assets could be very vulnerable."
Dr. Faber is concerned about geopolitical risk and what governments may decide to do once this 'pandemic' ends.
But, unfortunately, politicians and bankers are doing what is good for themselves, concentrating power.
Marc says, "It will get bad and it will get worse. For those that think it will go back to normal you better get used to the way it is now. It will be unpleasant and it will get much worse."
- Source, Palisades Gold Radio
Friday, August 13, 2021
Thursday, July 29, 2021
Marc Faber: United States Inflation Surge Temporary?
Friday, July 16, 2021
Sunday, July 4, 2021
Marc Faber on Silver & Gold: People Are Not Ready For Hard Times
The people are not prepared for what is coming. Will you be? Own precious metals, Silver and Gold.
- Source, Wall Street Silver
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
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