Monday, February 22, 2021
Wednesday, February 17, 2021
Friday, February 12, 2021
Marc Faber's Investment Mantras: Identify What Type Of Investor You Are
- Source, BOOM
Saturday, January 2, 2021
Monday, December 28, 2020
Wednesday, December 23, 2020
Friday, December 18, 2020
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.
He discusses the changes that have occurred in South-East Asia to create prosperity, particularly over the last twenty years. In terms of relative success, many Chinese are now as prosperous as Americans. Also, China’s infrastructure is quite new and modern in comparison to other countries.
- Source, Palisade Radio
Sunday, November 1, 2020
Wednesday, October 28, 2020
Saturday, October 24, 2020
Marc Faber: Pandemic predictions for gold, silver, stocks, real estate, bonds and bitcoin
Marc speaks with The Capital Network's Lelde Smits to discuss his outlook for investments including gold, silver, stocks, real estate, bonds, bitcoin.
Over the years Marc had told investors to hold diversified portfolios with equal 25% shares in stocks, real estate, cash and bonds and precious metals and Marc answers how his views have changed since the Federal Reserve shied away of its long-time commitment to inflation targeting in August 2020 and amid the COVID-19 global pandemic.
- Source, TCNTV
Monday, October 19, 2020
Marc Faber: India Will be a Top 3 Global Economy
He was our very first guest on the podcast and did a 2-part episode. At that time he talked to us about the rise of India as a major economy as well as his personal portfolio.
This time he shared his views on a range of topics: stocks, bonds, cash, gold, silver, real estate, the global economy, covid-19, and a lot more. Dr Faber is bullish on India and owns Indian stocks via an ETF.
He believes India is a top destination for global investors and that will not change. In fact he says the Indian economy will be the among the 3 largest In the world within twenty years!
Now that’s a strongly bullish statement on India coming from one of the best investors in the world.
He also talked about his personal investments and why he is investing his money the way he is right now.
We enjoyed talking to Dr Faber and also learnt a lot from him especially about the big social and economic forces, both on the left and the right, in the western world.
- Source, Equity Master
Friday, September 25, 2020
Marc Faber: Banned by Broadcasters, Read by Decision Makers
Nobody less than Jamie Dimon, CEO of the largest US bank JP Morgan, regularly reads the "Gloom Boom & Doom Report" by the stock market guru Marc Faber, who fell out of favor with the major networks some time ago. With this reading, Dimon is not alone among important decision-makers.
For decades, Marc Faber was a welcome key note speaker at conferences and a popular interview partner for journalists in general and TV anchor (wo) men of the major US networks in particular. But almost three years ago it was all over.
that Faber's openly expressed opinions and assessments, apart from the permanently indignant public, still resonate with important decision-makers today became evident. At the beginning of August, none other than JPMorgan boss Jamie Dimon came out as a loyal reader of Faber's paid stock letter "Gloom Boom & Doom Report". And Faber repeatedly made it clear that other prominent actors read his letter regularly.
Plain words
Whether or not Faber's view that a black America would have been less or less economically successful is right or wrong is at best an academic discussion. We will never know if it is right or wrong. By contrast, his view of the central bank policy of our day is much more interesting. He describes the economists in the central banks as idiots, and the printing of money as a mistake. If one could actually generate wealth with the help of the printing press, one would have to ask the question why someone is still producing or working. Faber assumes that the unrestrained printing of money will cause us serious problems sooner or later. And if you look at the development of the gold price, you can assume that he is no longer alone with this assessment.
No more discourse
The fact that the liberal media brainwashed the public with regard to political correctness, Keynesian and political interventions is another Faber statement that one should think about in times of ever narrowing corridor of opinion. Because many discussions that used to be taken for granted and, in the Hegelian sense of thesis, antithesis and synthesis, ultimately led to progress through the discourse, no longer take place thanks to the increasing number of manslaughter arguments.
More of that, please!
We should therefore be glad that there are old, wise - yes, and also white - men like Marc Faber who are not ailing from the zeitgeist, no longer have to be considerate, stand by their opinion and do not adjust their flags to the wind. Because the truth is reasonable for people, as Ingeborg Bachmann said.
For decades, Marc Faber was a welcome key note speaker at conferences and a popular interview partner for journalists in general and TV anchor (wo) men of the major US networks in particular. But almost three years ago it was all over.
With the statement that he was glad that whites and not blacks had immigrated to the USA because the latter had not brought the USA forward, the economic situation in South Africa and Zimbabwe after the change of power from white served as evidence for his assessment too black.
This made him a "persona non grata" in a flash for the media, the NZZ headlined "Dr. Doom argues stupid", and several board members subsequently decided not to work.
Well-known investors and decision-makers up to CEOs among the readers
Well-known investors and decision-makers up to CEOs among the readers
that Faber's openly expressed opinions and assessments, apart from the permanently indignant public, still resonate with important decision-makers today became evident. At the beginning of August, none other than JPMorgan boss Jamie Dimon came out as a loyal reader of Faber's paid stock letter "Gloom Boom & Doom Report". And Faber repeatedly made it clear that other prominent actors read his letter regularly.
Plain words
Whether or not Faber's view that a black America would have been less or less economically successful is right or wrong is at best an academic discussion. We will never know if it is right or wrong. By contrast, his view of the central bank policy of our day is much more interesting. He describes the economists in the central banks as idiots, and the printing of money as a mistake. If one could actually generate wealth with the help of the printing press, one would have to ask the question why someone is still producing or working. Faber assumes that the unrestrained printing of money will cause us serious problems sooner or later. And if you look at the development of the gold price, you can assume that he is no longer alone with this assessment.
No more discourse
The fact that the liberal media brainwashed the public with regard to political correctness, Keynesian and political interventions is another Faber statement that one should think about in times of ever narrowing corridor of opinion. Because many discussions that used to be taken for granted and, in the Hegelian sense of thesis, antithesis and synthesis, ultimately led to progress through the discourse, no longer take place thanks to the increasing number of manslaughter arguments.
More of that, please!
We should therefore be glad that there are old, wise - yes, and also white - men like Marc Faber who are not ailing from the zeitgeist, no longer have to be considerate, stand by their opinion and do not adjust their flags to the wind. Because the truth is reasonable for people, as Ingeborg Bachmann said.
- Source, Institutional Money
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