"When the turn comes and inflation and rates rise, all the money in bonds will move into equities.
"At some point people won't want to be compensated at two percent in bonds, and will put money into stocks. Government bonds will not be a good investment for the next 10 years.""
in chicagotribune.com
Related ETFs: SPDR S&P 500 ETF (NYSE:SPY), SPDR Dow Jones Industrial Average ETF (NYSE:DIA), ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
30 July, 2010
If The Dow Jones Where To Fall By More Than 20 percent, There Would Be Further Massive Fiscal And Monetary Stimulus
"It is likely that if the Dow where to fall by more than 20 percent from the present level there would be further massive fiscal and monetary stimulus packages – not just in the US but worldwide.
These economic policy measures would likely fail to boost economic activity in the US but could support asset markets."
in CNBC
Related ETFs: SPDR S&P 500 ETF (NYSE:SPY), ProShares UltraShort S&P500 (ETF) (NYSE:SDS), ProShares UltraShort QQQ (ETF) (NYSE:QID), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQQ), SPDR Dow Jones Industrial Average ETF (NYSE:DIA)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
These economic policy measures would likely fail to boost economic activity in the US but could support asset markets."
in CNBC
Related ETFs: SPDR S&P 500 ETF (NYSE:SPY), ProShares UltraShort S&P500 (ETF) (NYSE:SDS), ProShares UltraShort QQQ (ETF) (NYSE:QID), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQQ), SPDR Dow Jones Industrial Average ETF (NYSE:DIA)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
29 July, 2010
The Short Side Of The Bond Market
“This, in the long run, will be inflationary so I would rather play the short side of the bond market one year out than the long side.”
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
The 10 Year Yield Bet
Economist David Rosenberg and investor Marc Faber have wagered a bottle of scotch whisky on whether U.S. 10-year Treasury yields can go lower than 2 percent:
“If I lose the bet, I buy him a bottle of Cutty Sark, and if I win, I want a bottle of Dalwhinnie”
in Bloomberg
Related ETFs: ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT), iShares Lehman 7-10 Yr Treas. Bond (ETF) (NYSE:IEF)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
“If I lose the bet, I buy him a bottle of Cutty Sark, and if I win, I want a bottle of Dalwhinnie”
in Bloomberg
Related ETFs: ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT), iShares Lehman 7-10 Yr Treas. Bond (ETF) (NYSE:IEF)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
28 July, 2010
The Fed Practically Created The Emerging Market Economies
The U.S. today is much worse off than it was 10 or 20 years ago compared with the rest of the world. The Asians should thank the Federal Reserve for this. The Fed practically created the emerging market economies.
The Chinese pegged its currency to the dollar in 1994, and until 1998 not much happened. When the Fed began printing and boosting asset prices in 1998, there was this huge debt growth, and U.S. consumers began spending at a massive rate.
That increased our trade deficit from $200 billion to $800 billion. Of course, trade deficits have to be offset by trade surpluses in other countries. So the Chinese began ratcheting up production. Then their employment went up. Their wages went up. Entrepreneurs began investing more money in capital spending. The Fed is not the only factor that led to strong emerging market growth, but it certainly was a major factor in it.
Related ETFs: iShares MSCI Emerging Markets Indx (ETF) (Public, NYSE:EEM), iShares FTSE/Xinhua China 25 Index (ETF) (Public, NYSE:FXI), Morgan Stanley China A Share Fund, Inc. (Public, NYSE:CAF)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
The Chinese pegged its currency to the dollar in 1994, and until 1998 not much happened. When the Fed began printing and boosting asset prices in 1998, there was this huge debt growth, and U.S. consumers began spending at a massive rate.
That increased our trade deficit from $200 billion to $800 billion. Of course, trade deficits have to be offset by trade surpluses in other countries. So the Chinese began ratcheting up production. Then their employment went up. Their wages went up. Entrepreneurs began investing more money in capital spending. The Fed is not the only factor that led to strong emerging market growth, but it certainly was a major factor in it.
Related ETFs: iShares MSCI Emerging Markets Indx (ETF) (Public, NYSE:EEM), iShares FTSE/Xinhua China 25 Index (ETF) (Public, NYSE:FXI), Morgan Stanley China A Share Fund, Inc. (Public, NYSE:CAF)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
27 July, 2010
Fed`s Asymmetrical Response To Asset Bubbles
The Fed doesn't pay any attention to asset bubbles when they grow. That's their official policy. But they flood the system with cash when bubbles burst. They only care about bubbles when they crash. It's a very asymmetric response and it has many unintended consequences.
in Fool.com
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
in Fool.com
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
In A Credit Addicted Economy, All You Need Is A Slowdown In The Growth Rate And You Get Big Problems
In a credit-addicted economy, you don't need credit to actually fall for there to be problems. All you need is a slowdown in the growth rate, and you get big problems. Now, the government and the Fed are aware of this, so they are creating debt through fiscal deficits and monetization. That creates a hugely volatile environment.
In 2008, government credit creation was inferior to private credit contraction, and asset markets tanked. In 2009, government credit creation was higher than private contraction, and asset markets went ballistic. Lately, government credit creation has slowed, and asset markets have gone down. Now, the Fed is aware of this, and it's only a matter of time before it throws more money into the system. I guarantee this.
in fool.com
Related: Bank of America Corporation (Public, NYSE:BAC), Citigroup Inc. (Public, NYSE:C), JPMorgan Chase & Co. (Public, NYSE:JPM), Wells Fargo & Company (Public, NYSE:WFC)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
In 2008, government credit creation was inferior to private credit contraction, and asset markets tanked. In 2009, government credit creation was higher than private contraction, and asset markets went ballistic. Lately, government credit creation has slowed, and asset markets have gone down. Now, the Fed is aware of this, and it's only a matter of time before it throws more money into the system. I guarantee this.
in fool.com
Related: Bank of America Corporation (Public, NYSE:BAC), Citigroup Inc. (Public, NYSE:C), JPMorgan Chase & Co. (Public, NYSE:JPM), Wells Fargo & Company (Public, NYSE:WFC)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
I'm a believer that the stock market lows of March 2009 will not be revisited
I'm a believer that the stock market lows of March 2009 will not be revisited. You have people like Robert Prechter who think the Dow will collapse to 700 because of debt deleveraging. Debt deleveraging could happen, but the Dow will not fall because of monetary policy. The Fed will keep everything inflated in nominal terms. And if the Dow does go to 700, you'll have more to worry about than your investments. All the banks will be bust. The government will be bust. You don't want cash if massive deflation happens. On the contrary: It will be worthless. You have to think very carefully about hardcore deflation.
in Agora Financial Conference
Related: SPDR S&P 500 ETF (Public, NYSE:SPY), SPDR Dow Jones Industrial Average ETF (Public, NYSE:DIA)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
in Agora Financial Conference
Related: SPDR S&P 500 ETF (Public, NYSE:SPY), SPDR Dow Jones Industrial Average ETF (Public, NYSE:DIA)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Your Children In The West Will Have A Lower Standard Of Living Than You Did
"We've had a trend for most of the past 200 years: GDP of countries like China and India went down while the West surged. That's now changed. Emerging economies will go up, and your children in the West will have a lower standard of living than you did. Absolutely. We won't sink to the bottom of the sea. But other countries will grow much faster than us. The world is very competitive, and the odds are stacked against us. Americans, with their inborn arrogance, will not let it go that easily, so there will be lots of tension going forward."
in Agora Financial Conference
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
in Agora Financial Conference
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
23 July, 2010
Most Investors Take To Many Risks
"I feel that most investors take far too many risks – often with borrowed money – and fail to diversify sufficiently. They also have little patience, very short-term time horizons and no tolerance for losses. Finally, their expectations about investment returns are completely unrealistic."
in GBD Report
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
in GBD Report
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
22 July, 2010
Citing Confucius
"If a man gives no thought about what is distant, he will find sorrow near at hand."
Confucius
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Confucius
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
20 July, 2010
Bloomberg Video Interview: July 19
Latest Bloomberg video interview, July 19.
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
19 July, 2010
Dow 1,000? Super Bears Are Wrong.
“I would not pay too much attention to what they say but to what the markets do and it seems to me that the people that predicted the Dow Jones at 1000 or S&P at 500 or 200 are misreading the facts that under a fiat monetary system you can print endless quantities of money and so stocks may adjust in real terms but not necessarily in nominal terms to the extent that the super bears are predicting.”
in www.dailymarkets.com
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
in www.dailymarkets.com
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
18 July, 2010
I Am Not A Great Believer In This Austerity That They Are Proclaiming
“I am not a great believer in this austerity that they are proclaiming. I think the fiscal deficit will actually stay very high or even increase and I think that if they decrease the fiscal deficit then it will be offset by very expansionary monetary policy, in other words monetization, so the whole burden to support the economy will fall on monetary policies, then they’ll print money like crazy."
in www.dailymarkets.com
Related: ProShares UltraShort S&P500 (ETF) (Public, NYSE:SDS) , 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.
in www.dailymarkets.com
Related: ProShares UltraShort S&P500 (ETF) (Public, NYSE:SDS) , 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.
16 July, 2010
I Am Convinced The FED Will Implement Further Quantitative Easing
I am convinced the FED will implement further quantitative easing and massively so. It will probably happen in September/October. The economy is not robust, we have mixed signals but in general the economy is still weak.
in Bloomberg
Related ETF`s: ProShares UltraShort 20+ Year Trea (ETF) (Public, NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (Public, NYSE:TLT), ProShares UltraShort S&P500 (ETF) (Public, NYSE:SDS), 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.
in Bloomberg
Related ETF`s: ProShares UltraShort 20+ Year Trea (ETF) (Public, NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (Public, NYSE:TLT), ProShares UltraShort S&P500 (ETF) (Public, NYSE:SDS), 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.
15 July, 2010
China`s Slowdown
"Whereas a significant slowdown in the Chinese economy in he second half of the year is almost a certainty a crash should not be ruled out. Such an event would obviously have dire consequences for the global economy."
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
14 July, 2010
Appointment To Novagold`s Board
"The appointment in July of Dr. Marc Faber and Mr. Igor Levental to NovaGold's Board of Directors brought additional experience and expertise to NovaGold's Board."
in MarketWatch.com
Related Stock: NovaGold Resources Inc. (USA) (Public, AMEX:NG)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
in MarketWatch.com
Related Stock: NovaGold Resources Inc. (USA) (Public, AMEX:NG)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
13 July, 2010
The Dangers Of Leverage
In the early stages of the last great bull market in precious metals (1970 to 1980) gold corrected between December 1974 and August 1976 from 195 USD to 103 USD. Thereafter gold soared from 103 USD to 850 USD in January 1980. Had an investor used high leverage to buy gold in 1974, it is very likely that by 1976 he would have been either wiped out or in a very poor financial condition.
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.
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.
Some Things Cannot Be Foreseen
"The ability to foresee that some things cannot be foreseen is a very important quality"
Jean Jacques Rosseau
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Jean Jacques Rosseau
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
12 July, 2010
Video Interview: Corporate Bonds, Governments Bonds And Equities
Video interview with Royal Bank Of Scotland (RBS).
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Symptoms Of Deflation
"Another symptom of growing deflationary pressures and expectations is a collapse in lumber prices and the recent rally in long-term government bonds."
in FTB.com
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
in FTB.com
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
09 July, 2010
NovaGold (NG) Announced The Appointment Of Dr. Marc Faber To Its Board of Directors
NovaGold Resources Inc. (NG) today announced the appointment of Dr. Marc Faber and Mr. Igor Levental to its Board of Directors.
Dr. Faber has over 35 years of experience in the finance industry and is the Managing Director of Marc Faber Ltd., an investment advisory and fund management firm. He is an advisor to a number of private investment funds and serves as a Director of Ivanhoe Mines and Sprott Asset Management.
Dr. Faber publishes a widely read monthly investment newsletter entitled The Gloom, Boom & Doom Report and is the author of several books including Tomorrow's Gold - Asia's Age of Discovery. A renowned commentator on global market trends and developments, he is also a regular contributor to several leading financial publications around the world, including Barron's, where he is a member of the Barron's Roundtable. Dr. Faber received his PhD in Economics magna cum laude from the University of Zurich.
in www.marketwatch.com
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Dr. Faber has over 35 years of experience in the finance industry and is the Managing Director of Marc Faber Ltd., an investment advisory and fund management firm. He is an advisor to a number of private investment funds and serves as a Director of Ivanhoe Mines and Sprott Asset Management.
Dr. Faber publishes a widely read monthly investment newsletter entitled The Gloom, Boom & Doom Report and is the author of several books including Tomorrow's Gold - Asia's Age of Discovery. A renowned commentator on global market trends and developments, he is also a regular contributor to several leading financial publications around the world, including Barron's, where he is a member of the Barron's Roundtable. Dr. Faber received his PhD in Economics magna cum laude from the University of Zurich.
in www.marketwatch.com
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Most Investors Take Far Too Many Risks – Often With Borrowed Money
I feel that most investors take far too many risks – often with borrowed money – and fail to diversify sufficiently. They also have little patience, very short-term time horizons and no tolerance for losses. Finally, their expectations about investment returns are completely unrealistic. Most investors buy a stock or make an investment with the view that within a month the return should be between 10% and 20%.
A real return of around 4% per annum is about what an investor (exclusive of costs, and without making the mistake to buy “high” and sell “low”) could expect to achieve over longer periods of time… If you can achieve an annual average real return of just 3% on all your assets (inflation adjusted), you will leave a huge fortune to your children.
For the average investor like myself, I prefer diversification and no leverage. I have seen time and again investors (including myself) be right about an asset class’ future performance but fail to convert those views into any capital gains… All I wish to say to my readers who are not managing risk on a daily basis is that the prime consideration should always be capital preservation and avoiding large losses.
in www.wallstreetpit.com
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
A real return of around 4% per annum is about what an investor (exclusive of costs, and without making the mistake to buy “high” and sell “low”) could expect to achieve over longer periods of time… If you can achieve an annual average real return of just 3% on all your assets (inflation adjusted), you will leave a huge fortune to your children.
For the average investor like myself, I prefer diversification and no leverage. I have seen time and again investors (including myself) be right about an asset class’ future performance but fail to convert those views into any capital gains… All I wish to say to my readers who are not managing risk on a daily basis is that the prime consideration should always be capital preservation and avoiding large losses.
in www.wallstreetpit.com
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
08 July, 2010
Gold: A More Meaningful Correction Is A Distinct Possibility.
Whereas a gold price break is not necessarily my forecast I am warning investors that a more meaningful correction is a distinct possibility.
And why could gold correct? As just mentioned, the bullish consensus among investors is for my taste too high and the deflationists seem to have currently the upper hand.
in GBD
Related: SPDR Gold Trust (ETF) (Public, NYSE:GLD), Market Vectors Gold Miners ETF (Public, NYSE:GDX), Barrick Gold Corporation (USA) (Public, NYSE:ABX), NovaGold Resources Inc. (USA) (Public, AMEX:NG)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
And why could gold correct? As just mentioned, the bullish consensus among investors is for my taste too high and the deflationists seem to have currently the upper hand.
in GBD
Related: SPDR Gold Trust (ETF) (Public, NYSE:GLD), Market Vectors Gold Miners ETF (Public, NYSE:GDX), Barrick Gold Corporation (USA) (Public, NYSE:ABX), NovaGold Resources Inc. (USA) (Public, AMEX:NG)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
02 July, 2010
The Zimbabwe School Of Economics
"In the US, we have a totally new school, and it’s called the Zimbabwe school. And it’s founded by one of the great leaders of this world, Mr Robert Mugabe, that has managed to totally impoverish his own country. And that is the monetary policy the US is pursuing."
in www.thenewamerican.com
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
in www.thenewamerican.com
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
01 July, 2010
Barron`s Roundtable
In a Barron's roundtable that was published in mid-June, Faber recommended the Market Vectors Vietnam ETF (NYSE: VNM) and said that "Thai shares are inexpensive" - investors could play this with the MSCI Thailand Investable Market Index ETF (NYSE: THD).
in Motley Fool
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
in Motley Fool
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
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