Ben McLannahan (Financial Times) interviewed Dr. Marc Faber today. Here are the topics of this video interview:
Part 1: Warns of partial US debt default
Faber says irrational monetary policy means there are asset-class bubbles forming somewhere, only we don’t know exactly where yet.
Click here or on the image below the view Part 1 of the interview.
Part 2: Forecasts negative US real interest rates
Faber says stocks won’t reach new highs this year.
Part 3: On gold and China’s economic slowdown
Faber predicts Asian stocks will underperform this year because of China’s inevitable economic slowdown and suggests accumulating gold and shifting more money to India and Japan.
Part 4: On the year of “capital preservation”
Faber says global investors should make 2010 the year of “capital preservation”.
Click here to view Part 4 of the interview.
You can the video interview HERE.
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.
