Tuesday, February 26, 2013

How Will The Great Money Printing Experiment End?

"Well, that is a very good question. I wish I knew the answer precisely. I suppose what will happen at some point is that both the fiscal deficit question will have to be addressed, and that less money will have to be printed, which will then have a negative impact on asset markets....

Now will it just trigger a correction or a more serious bear market in asset prices? Who knows? Once this happens, since most of the economic activity was supported by the rise in asset markets, I suppose they will print more money, and again have larger deficits.

So we don’t know exactly when the end will come. It could be 1 year from now, 3, 5, 10 years from now, but obviously one day it will come to an end. The longer it’s not seriously addressed, and the way I look at Congress they are not going to undertake serious decisions any time soon, the longer it’s not addressed the more structural damage will be done to the economy, and to society."

- Marc Faber, via a recent King World News interview, read the full interview here:

Wednesday, February 20, 2013

Buy Gold To Protect Against The Next Crisis


Marc Faber appears on Yahoo Finances show "Breakout" to discuss the recent pull back in gold and silver prices. Marc says that people need to be buying gold to prepare and protect themselves from the next big crisis.

- Source, Yahoo Finance:

Friday, February 15, 2013

A Global Recession Is Coming!


Marc Faber appears on CNBC where he talks about a global recession that he see's coming. Marc Faber is the author of the Gloom Boom and Doom report.

- Source, CNBC:

Monday, February 11, 2013

Marc Faber Sees a Bubble in the Safest Government Bonds


Marc Faber appears on Bloomberg where he discusses the great reset in the financial system he see's coming. He believes some day there will be a great collapse. He is asked if he trusts government bonds. His answer is of course he doesn't.

- Source, Bloomberg TV:

Saturday, February 9, 2013

Gold & Silver Won't Collapse...Unless


Marc Faber appears on CNBC where he discusses geopolitics. He says he would rather be in gold and silver than stocks and bonds. The only way gold and silver would collapse is if we had a deflationary collapse. This he doesn't see happening although.

- Source, CNBC:

Tuesday, February 5, 2013

Here's What Will Happen in 2013


"Marc Faber, editor of the "Gloom, Boom & Doom Report," offers up his predictions for the coming year. With Peter Schiff, Euro Pacific Capital, CNBC's Mandy Drury and the Futures Now Traders, Rich Ilczyszyn at the CME and Anthony Grisanti at the Nymex."

- Source, CNBC:

Saturday, February 2, 2013

A Correction is Overdue


"Marc Faber, The Gloom, Boom & Doom Report explains why he expects to see a twenty percent correction in the market and is buying gold every single month."

- Source, CNBC Video:

Tuesday, January 29, 2013

Enjoy the Market Rally While you Can

by Jeff Cox of CNBC

Investor "euphoria" is taking stocks higher but eventually will be their undoing, market bear Marc Faber told CNBC.

The author of the widely followed Gloom Boom & Doom Report said the current rally, which has seen the Standard & Poor's 500 gain more than 5 percent in 2013 and 12 percent since its November 2012 low, is getting tired and will run out of steam soon.

"We are very overbought, but it is also possible that we have a mild correction in February and then a further increase in stock prices," Faber said on "Closing Bell."

He added it would be "something that would be similar to '87 where in the first half of the year until August the market went up by 41 percent (only) to lose 40 percent in months in October and November. So it's a possibility that we have a lot of volatility this year in equity prices..."


- Excerpt from a recent article by Jeff Cox of CNBC, read the full article here:

Potential for a Market Crash


Marc Faber appears on Fox Business news, where he discusses the potential of an eventually market crash.

- Source, Fox Business:

http://www.foxbusiness.com/watch/show-schedule/

Friday, January 25, 2013

Markets Will Punish Interventionists

"Regardless of what the markets do near-term, a correction is overdue," Marc Faber tells Bloomberg TV's Betty Liu. From discussing Europe's 'apparent' stabilization - "anything can go up when you print money"; to US equity exuberance - "a correction is overdue and February is a seasonally weak month"; Faber sees no change from Geithner's handover to Lew as he opines: "The only thing I know is one day the markets will punish the interventionists, the Keynesians and the monetary policy that the Federal Reserve and ECB has enforced because the markets will be more powerful one day. How will this look like? Will the bond market collapse or equity markets become a bubble, which would beembarrassing for the Fed's sake if the U.S. market became a gigantic bubble and at the same time the economy does not recover."

- Source: From a recent Zero Hedge post, read the full post here:

http://www.zerohedge.com/news/2013-01-25/marc-faber-fears-1987-redux-markets-will-punish-interventionists

Thursday, January 24, 2013

Faber to Shiller - “You Keep Your Dollars And I’ll Keep My Gold”

“Everyone should keep gold in their portfolios” as the precious metal will be able to offer value to investors even in a worst-case scenario, said Marc Faber, the publisher of the Gloom, Boom & Doom report. "In the worst case scenario, in the systemic failure that I expect, it would still have some value,” Faber, who is also the founder and managing director of Marc Faber Ltd., said today at an event hosted by Evli Bank Oyj in Helsinki. Faber said his outlook was so bleak that he is “hyper bearish”. He joked that “sometimes I’m so concerned about the world I want to jump out of the window.”.. In response to a question from Yale University’s Robert Shiller querying the recommendation to hold gold, Faber said: “I’m prepared to make a bet, you keep your U.S. dollars and I’ll keep my gold, we’ll see which one goes to zero first.” Shiller, who is the co-creator of the S&P/Case-Shiller index of property values, responded "I'm inclined to think gold prices after this crisis might return to a lower level. Given the low yields of the alternatives [ie, bonds], the valuation of the stock market doesn't look so bad." Faber, whose advice has protected millions of investors in recent years, warned of a global systemic crisis possibly due to massive size of the global derivatives market which is now worth over an incredible $700 trillion. He warned “when the system goes down,” and only plastic credit cards are left, “maybe then people will realize and go back to some gold-based system.”

- Excerpt from a recent Zero Hedge article, read the full article here:

Monday, January 21, 2013

No Government Complies With Anything!


Marc Faber appears on CNBC's Squawk Box. He discusses how government uses debt to win votes and get itself re-elected. Because of this he see's a global collapse in 5 - 10 years.

- Source, CNBC's Squawk Box: