The Government Uses This Crisis To Expand Like A Cancer

“The government uses this crisis to expand like a cancer”

in lehighvalleylive.com

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world. Dr. Doom also trades currencies and commodity futures like Gold and Oil.

The S&P 500 Will Go Down Relative To Gold

“What will continue to happen is that the S&P 500 and the Dow Jones will go down relative to gold. I think gold will go up more from its support level."

in Bloomberg

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world. Dr. Doom also trades currencies and commodity futures like Gold and Oil.

The Benefits Of Quantative Easing Have Flowed To Wall Street

"The benefit of quantitative easing has essentially flowed into Wall Street, into investment banks, into the banking sector but it hasn't flowed into the typical household in the US. Unemployment is still horrible at the present time with a lot of people being either unemployed or under employed.

As a result, we have a very strange economy. We have booming financial markets, but at the same time the average household – the man on the street is basically suffering."

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world. Dr. Doom also trades currencies and commodity futures like Gold and Oil.

Will Gold Go To 2000, 200000 or 2 Trillion?

What will continue to happen is that the S&P 500 and the Dow Jones will go down relative to gold. I think gold will go up more from its support level.

Will it go $2,000, $200,000 or $2 trillion? I don’t know. But if you have money printing in the world, then the price will over time rise. It will go up more for things that you just can’t increase the supply, and the supply of precious metals is very limited.

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world. Dr. Doom also trades currencies and commodity futures like Gold and Oil.

Clarification On Gold

“What I said and also wrote in my last report is this:

If the gold price breakout move above $ 1000 is real then gold should not decline again below the $950 - $1000 zone. Before, this range was resistance and now it should be a support range. However, if gold dropped below this range than I would be very concerned that a decline to around $ 800 could take place. I have consistently repeated that I hold gold and that I recommend the accumulation of gold.”

in Market Oracle

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world. Dr. Doom also trades currencies and commodity futures like Gold and Oil.