"We already have a property bubble in China, but that does not mean that the whole economy will go into recession. And I would add to it, that even if there is a slowdown in China, its an huge country, like the US was in the 19th century and still is, so you can have a some sectors of the economy going into recession and other sectors still expanding."
in Bloomberg
Related: iShares FTSE/Xinhua China 25 Index (ETF) (NYSE:FXI) , Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) , PowerShares Gld Drg Haltr USX China(ETF) (NYSE:PGJ)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
23 November, 2010
22 November, 2010
US Stocks Will Not Make New Highs In The Near Term.
"I don`t think the (US stock) market will make a new high in the near term; but how far the correction will go, I don`t know"
in Bloomberg
Related ETFs: ProShares UltraShort S&P500 (ETF) (NYSE:SDS), ProShares UltraShort QQQ (ETF) (NYSE:QID) , SPDR S&P 500 ETF (NYSE:SPY) , Apple Inc. (NASDAQ:AAPL), Google Inc. (NASDAQ:GOOG) , Financial Select Sector SPDR (ETF) (NYSE:XLF), Direxion Daily Finan. Bear 3X Shs(ETF) (NYSE:FAZ) , Goldman Sachs Group, Inc. (NYSE:GS)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
in Bloomberg
Related ETFs: ProShares UltraShort S&P500 (ETF) (NYSE:SDS), ProShares UltraShort QQQ (ETF) (NYSE:QID) , SPDR S&P 500 ETF (NYSE:SPY) , Apple Inc. (NASDAQ:AAPL), Google Inc. (NASDAQ:GOOG) , Financial Select Sector SPDR (ETF) (NYSE:XLF), Direxion Daily Finan. Bear 3X Shs(ETF) (NYSE:FAZ) , Goldman Sachs Group, Inc. (NYSE:GS)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Inflation Is A Dangerous Situation.
"Inflation is a dangerous situation anywhere in the world, both for the poor people because they spend a higher percentage of their income on food and energy and also for the rich people whose cost of living is also going up very substantially."
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.
21 November, 2010
Bloomberg Video Interview: November 2010.
Marc Faber, publisher of the Gloom, Boom & Doom Report, speaks with Bloomberg about China’s economy.
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
17 November, 2010
In The Long Run, I Don`t See Any Value In Treasuries.
"In the long run, over the next five to ten years, I don’t see any value in owning a 10 years treasury or a 30 years treasury that yields between say 2.95 percent and 4 percent."
in dailyreckoning.com
Related: 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.
in dailyreckoning.com
Related: 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.
16 November, 2010
The US Can Export More In The Agricultural Sector.
"Its a dream to think that the United States can double its exports in the manufacturing sector. But I think that the US can export more in the agricultural sector, and that the revenues for agricultural exports can go up, because of higher prices for agricultural commodities."
Related ETF: PowerShares DB Agriculture Fund (NYSE:DBA)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Related ETF: PowerShares DB Agriculture Fund (NYSE:DBA)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
15 November, 2010
The US Monetary Policies Can Cause Bubbles In Emerging Markets
"The US monetary policies may be positive for Asia, but these policies could also cause bubbles in emerging markets via capital flows."
Related: iShares MSCI Emerging Markets Indx (ETF) (NYSE:EEM)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Related: iShares MSCI Emerging Markets Indx (ETF) (NYSE:EEM)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
14 November, 2010
The Terminal Value Of The Dollar Is Precisely Zero.
The terminal value of the dollar is precisely zero, the printing cost of bank note that is the intrinsic value of the dollar. But it will not move there right away.
Since the formation of the federal reserve, in 1913, the price of gold has gone up from USD 25/oz to over US 1400/oz, In other words the value of a dollar bill has gone down by 97% in gold terms and it took more than a 100 years. Now the next time the value of the dollar declines by 97% won’t take a 100 years I think it will happen in 10-15 years.
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Since the formation of the federal reserve, in 1913, the price of gold has gone up from USD 25/oz to over US 1400/oz, In other words the value of a dollar bill has gone down by 97% in gold terms and it took more than a 100 years. Now the next time the value of the dollar declines by 97% won’t take a 100 years I think it will happen in 10-15 years.
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
The Cause Of The Crisis Is Excessive Monetary Growth Leading To Excessive Debt Growth
The cause of the crisis is excessive monetary growth leading to excessive debt growth, to the Nasdaq bubble, to the housing bubble that then led to overconsumption in the US and a symptom of over consumption in the country is always growth in trade deficit that then shifts production overseas because one trade deficit in one country is offset by trade surplus somewhere else. And to simplify matters lets say it was China.
in CNBC
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around 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.
11 November, 2010
You Can’t Measure Any Thing Any More In Dollars.
"I think that commodities have not only been strong recently, they have been strong for a long time, specifically precious metals. If you look at the Dow Jones in gold terms it peaked out in 1999, and is not down 84% in gold terms.
In other words you can’t measure any thing any more in dollars because the function of money is to be among others a store of value and also unit of account, but if you print and print and print, the function of store of value expires or is non existent, and the unit of account doesn’t work anymore. So we need to take a new unit of account which is gold or silver and in those terms, the US economy has contracted massively since the year 2000 and the dollar has been very weak as well as the bond market and eh stock market in gold terms."
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
In other words you can’t measure any thing any more in dollars because the function of money is to be among others a store of value and also unit of account, but if you print and print and print, the function of store of value expires or is non existent, and the unit of account doesn’t work anymore. So we need to take a new unit of account which is gold or silver and in those terms, the US economy has contracted massively since the year 2000 and the dollar has been very weak as well as the bond market and eh stock market in gold terms."
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
10 November, 2010
CNBC Video Interview: November 10th.
Latest CNBC video interview.
Topics: U.S. monetary policy decisions and the threat of an emerging markets bubble; The cause of the crisis is excessive monetary growth leading to excessive debt growth; A dream to think the U.S. can double its exports in the manufacturing sector, but the U.S. can export more in the agricultural sector; Criticism from emerging economies towards the Fed is all about worries over bubbles forming; The excess liquidity is running into emerging economies and precious metals.
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
09 November, 2010
Video Interview on Business News Network (Canada) - November 8
Latest video interview on Business News Network (Canada):
Trading Day : November 8, 2010 : Dr. Doom Co-hosts Trading Day
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Trading Day : November 8, 2010 : Dr. Doom Co-hosts Trading Day
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
06 November, 2010
Mugabe Is Bernanke`s Mentor.
“Zimbabwe’s Mugabe is Ben Bernanke’s mentor.”
in Beacon Equity
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
in Beacon Equity
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
04 November, 2010
US Dollar And Other Currencies
"All currencies are almost equally as bad the US dollar. All paper currencies will lose value against hard assets, such as precious metals, which are currencies you cannot multiply."
In a Barron`s video interview
Related ETFs: PowerShares DB US Dollar Index Bullish (NYSE:UUP), SPDR Gold Trust (ETF) (NYSE:GLD) , iShares Silver Trust (ETF) (NYSE:SLV)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
In a Barron`s video interview
Related ETFs: PowerShares DB US Dollar Index Bullish (NYSE:UUP), SPDR Gold Trust (ETF) (NYSE:GLD) , iShares Silver Trust (ETF) (NYSE:SLV)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
03 November, 2010
Investors Could Be Disappointed With The Federal Reserve Statement
"On equities, Dr. Marc Faber is not optimistic in the short term. He expects a selloff after the Fed announcement on Wednesday, noting that many investors could be disappointed with the language released out of the last FOMC meeting."
in Beacon Equity
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
in Beacon Equity
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
The US Dollar Could Rally In The Short Term.
"On the dollar, Dr. Marc Faber says the dollar could rally in the short term because the anti-dollar trade is too crowded, taking the dollar too low, too fast, especially against the Swiss and Japanese currencies. Any rally in the dollar, however, could be short-lived, he says, as the Fed appears to have committed to a debt monetizing policy in Treasuries and mortgage-back securities."
in Beacon Equity
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
in Beacon Equity
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
02 November, 2010
Equities Are More Attractive Then Bonds And Cash In The Long Run
"Equities are more attractive then bonds and cash in the long run"
in Bloomberg.com
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
in Bloomberg.com
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
01 November, 2010
The Bull Market In Precious Metals Will Continue As Long As The US Has Negative Interest Rates
"All investors should own some gold and silver. Right now, Faber thinks silver could provide a better return than gold and could reach 30 USD. This would be especially true under a crack-up doom scenario where industrial metals like silver and palladium would soar because of strong demand. The bull market in precious metals will continue as long as the US has negative real interest rates. Finally, Faber likes gold and silver stocks."
in www.istockanalyst.com
Related ETFs: iShares Silver Trust (ETF) (NYSE:SLV) , SPDR Gold Trust (ETF) (NYSE:GLD) and Market Vectors Gold Miners ETF (NYSE:GDX)
Related stocks: Newmont Mining Corporation (NYSE:NEM), AngloGold Ashanti Limited (ADR) (NYSE:AU), Harmony Gold Mining Co. (ADR) (NYSE:HMY), Randgold Resources Ltd. (ADR) (NASDAQ:GOLD), Barrick Gold Corporation (USA) (NYSE:ABX), NovaGold Resources Inc. (USA) (AMEX:NG)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
in www.istockanalyst.com
Related ETFs: iShares Silver Trust (ETF) (NYSE:SLV) , SPDR Gold Trust (ETF) (NYSE:GLD) and Market Vectors Gold Miners ETF (NYSE:GDX)
Related stocks: Newmont Mining Corporation (NYSE:NEM), AngloGold Ashanti Limited (ADR) (NYSE:AU), Harmony Gold Mining Co. (ADR) (NYSE:HMY), Randgold Resources Ltd. (ADR) (NASDAQ:GOLD), Barrick Gold Corporation (USA) (NYSE:ABX), NovaGold Resources Inc. (USA) (AMEX:NG)
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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