Governments, Statistics And Lies

Governments and opposition parties around the world have always cleverly used the media and its statistical departments to openly lie, or hide and distort the truth. As Mark Twain observed, "if you don`t read the newspaper you are uninformed, if you do read the newspaper you are misinformed." Just consider all the government`s statistics, which indicate that the US economy is recovering. Sure, from the low ppoint in March 2009 there has been some improvement in economic activity, but by how much?

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Deflation Would Be Good For The World

"I think it would be very good for the world to have deflation"

in CNBC

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

If The S&P 500 Revisits 900-950...

The problems in Europe are probably greater than in the United States. As I said, in the US, if the S&P 500 Index (SPDR S&P 500 ETF (NYSE:SPY)), revisits 900-950, in other words, if we drop another 15% from this level you can be sure they will have another stimulus package and another monetary easing with Mr. bernanke at the FED.

in CNBC

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Big Deflation And Still The Most Expensive City

"People who tell me about the big deflation in Japan, why don't they spend a day in Tokyo? It's still the most expensive city in the world."

in CNBC

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

CNBC Video Interview: June 18

Latest CNBC video interview, June 18.

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

I Am Not Interested In Buying Anything

"At this level I'm not particularly interested in buying anything. I buy gold, I don't know what else to buy."

in CNBC

Related ETF: SPDR Gold Trust (ETF) (Public, NYSE:GLD)

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

The European Central Bank Will Talk Hawkishly And Act Dovish

"The ECB will talk hawkishly, but act dovish, like the Fed in the US."

in CNBC.com

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Governments Have Become Like A Cancer

"I think that governments have become like a cancer, they have expanded in the financial system. I think the biggest problem is too much intervention. Whatever the government touches is usually done worse than in the private sector."

in CNBC

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Fiscal Stimulus: China And The United States

I do not disagree that if you look at fiscal stimulus in China, at least at the end of the day they have infrastructure. In the U.S. they have nothing but debt, and ignorant people.

in Reuters

Related ETF`s: iShares FTSE/Xinhua China 25 Index (ETF) (Public, NYSE:FXI), PowerShares Gld Drg Haltr USX China(ETF) (Public, NYSE:PGJ), SPDR S&P 500 ETF (Public, NYSE:SPY)

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Cash And Bonds Will Be Very Dangerous

"Cash and bonds will be very dangerous in the next 10 years as governments increase money supply to cover fiscal deficits."

in Business Week

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Short The Australian Dollar

And as a special tip, I think I would short the Australian dollar, because talking about a housing bubble, Australia has 10 times a bigger bubble than China. In Australia you have what you said we don’t really have in China, namely the low leverage that we have in China, we have the opposite in Australia, very high household leverage. … So I think a big downfall is about to happen."

in Forbes.com

Related ETF`S: iShares MSCI Australia Index Fund (ETF) (Public, NYSE:EWA), CurrencyShares Australian Dollar Trust (Public, NYSE:FXA) and Powershares DB G10 Currency Harvest Fund (Public, NYSE:DBV)

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Stocks Are Unlikely To Revisit The Lows Set In March 2009

If not gold and silver, you will be better off with equities. Stocks are unlikely to revisit the lows set in March 2009. They may not go up a lot, but they will adjust to money printers at central banks.

in Business Week

Related Exchange Traded Funds: SPDR Gold Trust (ETF) (Public, NYSE:GLD), iShares Silver Trust (ETF) (Public, NYSE:SLV), iShares MSCI Emerging Markets Indx (ETF) (Public, NYSE:EEM), SPDR S&P 500 ETF (Public, NYSE:SPY)

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

All Paper Money Will Go To Its Intrisic Value, Zero.

There’s no other way out but to print money. In the long run, all paper money will go exactly to its intrinsic value, which is zero.

in a Seoul Forum, June 9

Related assets: Market Vectors Gold Miners ETF (Public, NYSE:GDX), SPDR Gold Trust (ETF) (Public, NYSE:GLD), iShares Silver Trust (ETF) (Public, NYSE:SLV)

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Looking At Wal-Mart`s Stock, One Does Not Get The Impression That We Are In The Midst Of A Strong Economic Recovery

Looking at Wal-Mart`s stock, the world`s largest retailer, one does not get the impression that we are in the midst of a strong economic recovery.

in GBD

Related stock: Wal-Mart Stores, Inc. (Public, NYSE:WMT)

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Thoughts On Diversification

"Diversify your investments" - John Templeton

"Diversification is a hedge for ignorance" - Willian O`Neill


Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Hyperflation In The United States

“I am 100 percent sure that the United States will go into hyperinflation. The problem with government debt growing so much is that when the time will come and the Fed should increase interest rates, they will be very reluctant to do so and so inflation will start to accelerate.”

in beforeitsnews.com

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

The Unintended Consequences Of Government Interventions

Government interventions in the free market, irrespective of whether they occur through monetary of fiscal policies or direct measures and regulation such as the government taking over, subsidizing, or bailing out companies, etc., bring about unintended consequences that are difficult to forecast. But what is easy to forecast is that the increased government intervention brings about more uncertainty about the future, and that uncertainty is poison for capital spending and sustainable economic growth.

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

It Is No Longer Sufficient To Analyze Macroeconomic And Microeconomic Trends

It is no longer sufficient to analyze macroeconomic and microeconomic trends and individual companies and sectors; we now increasingly need the help of a political analyst who can warn us of what governments’ next regulatory ‘Schnapsideen’ (ideas developed while heavily intoxicated) are likely to be.

in Daily Reckoning

Related ETF`s: SPDR S&P 500 ETF (Public, NYSE:SPY)

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

The Only Assets That Are Going To Keep Their Purchasing Power Are Precious Metals

“It’s a race in the purchasing power of paper money to the bottom, and the only assets that will, for sure, keep their purchasing power are precious metals.”

in Bloomberg

Related ETF`s: SPDR Gold Trust (ETF) (Public, NYSE:GLD) and iShares Silver Trust (ETF) (Public, NYSE:SLV)

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

The Inflation, Deflation Debate

“Eventually we’ll have much higher inflation rates because if deflation comes first, they’re going to have even more stimulus packages and even more money printing. It’s crazy to even suggest additional stimulus, but that is what the Keynesians believe is the right thing to do. And that will bankrupt Western governments - not just in the U.S., but everywhere.”

in Yahoo! Finance

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Video: Austrian Economics and the Financial Markets

Presented by Marc Faber at "Austrian Economics and the Financial Markets," the Mises Circle in Manhattan on 22 May 2010 in New York, New York. Includes an introduction by Mises Institute president Douglas E. French.

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.