31 March, 2011
Bloomberg Video Interview: QE2, Equities, US Economy
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
30 March, 2011
The Long Term Outlook For Gold Is Favorable But We Can Have A 10-20 Percent Correction.
We live in very volatile times...a correction could be 10 or 20 percent. I would on any weakness accumulate gold. The long-term outlook for gold is favorable. - in a Fox Business Network interview
Related: SPDR Gold Trust (ETF) (GLD), Newmont Mining (NEM), GoldCorp (GG), Barrick Gold (ABX), Novagold (NG), New Gold (NGD), Kinross Gold (KGC), Yamana Gold Inc. (USA) (NYSE:AUY)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Related: SPDR Gold Trust (ETF) (GLD), Newmont Mining (NEM), GoldCorp (GG), Barrick Gold (ABX), Novagold (NG), New Gold (NGD), Kinross Gold (KGC), Yamana Gold Inc. (USA) (NYSE:AUY)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
28 March, 2011
The Mess In The Middle East Will Only Increase Over Time
What is happening in the Middle East is friendly for gold, oil, and other commodities. The mess in the Middle East will only increase over time. Nothing has been solved. - wallstreetpit.com
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.
27 March, 2011
The S&P 500 Index Will Not Be Able To Make A New High
We peaked out on the S&P on February 18th at 1344 and usually in April we have seasonal strength but I think it’s likely that the S&P will not be able to make a new high and then we will have a more significant setback in May, June. - in Wall Street Pit
Related ETFs: SPDR S&P 500 ETF (NYSE:SPY), ProShares UltraShort S&P500 (ETF) (NYSE:SDS)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Related ETFs: SPDR S&P 500 ETF (NYSE:SPY), ProShares UltraShort S&P500 (ETF) (NYSE:SDS)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
26 March, 2011
Japanese Shares Are Worthwhile To Accumulate
The key to the performance of Japanese shares is the Japanese bond market becomes unattractive and that the Yen over time weaken. I think as a result of the reconstruction work that may cost up to $300 billion U.S. dollars that obviously the government will have to monetize, will push money into equities. I think Japanese shares are worthwhile to accumulate. - in Wall Street Pit
Related: Ishares Japan ETF (EWJ)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Related: Ishares Japan ETF (EWJ)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
25 March, 2011
We Could See A Rebound In The US Dollar And Weakness In Commodities
I think what we could see in the next few months a rebound of the U.S. Dollar, weakness in asset markets, correction in commodities, and maybe a rebound in U.S. bonds. We live in very volatile times; a correction could be 10%, 20%. I would on any weakness accumulate gold. - in WallStreetPit
Related: SPDR Gold ETF (GLD), United States Oil fund (USO), IShares Silver ETF (SLV), SPDR S&P 500 ETF (SPY)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Related: SPDR Gold ETF (GLD), United States Oil fund (USO), IShares Silver ETF (SLV), SPDR S&P 500 ETF (SPY)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
23 March, 2011
Bernanke Watches The S&P 500 Index Every Day
“Mr. Bernanke doesn’t know much about the global economy, but he watches the S&P every day.” - in CNBC
Related ETFs: SPDR S&P 500 ETF (NYSE:SPY), ProShares UltraShort S&P500 (ETF) (NYSE:SDS)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Related ETFs: SPDR S&P 500 ETF (NYSE:SPY), ProShares UltraShort S&P500 (ETF) (NYSE:SDS)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
22 March, 2011
Will An Improving Jobs Picture Keep The Rally Going?
“We are in a mild recovery and markets are a discounting mechanism. And we have already doubled in the S&P from the low. So on the improvement, maybe the market sells off.” - in www.beaconequity.com
Related: ProShares UltraShort S&P500 (ETF) (NYSE:SDS), SPDR S&P 500 ETF (NYSE:SPY), iPath S&P 500 VIX Short-Term Futures ETN (NYSE:VXX)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Related: ProShares UltraShort S&P500 (ETF) (NYSE:SDS), SPDR S&P 500 ETF (NYSE:SPY), iPath S&P 500 VIX Short-Term Futures ETN (NYSE:VXX)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
21 March, 2011
If The S&P Drops 20 Percent, New Money Printing Will Be Applauded
“Until very recently, the Fed has had very few critics... Over the past few months a lot of critical comments have come up about the Fed and its money printing habits. But I bet you, if the S&P drops 20 percent, all the critics will be silenced, and they will applaud new money printing.” - in CNBC
Related: SPDR S&P 500 ETF (NYSE:SPY) , ProShares UltraShort S&P500 (ETF) (NYSE:SDS), ProShares UltraShort QQQ (ETF) (NYSE:QID)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Related: SPDR S&P 500 ETF (NYSE:SPY) , ProShares UltraShort S&P500 (ETF) (NYSE:SDS), ProShares UltraShort QQQ (ETF) (NYSE:QID)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
18 March, 2011
Expect More Quantitative Easing
"Mr. Bernanke doesn’t know much about the global economy, but he watches the S&P every day. I would fully expect more quantitative easing. There’s nothing else they (the Federal Reserve) can do actually.” - in CNBC
Related ETFs: SPDR S&P 500 ETF (NYSE:SPY), ProShares UltraShort S&P500 (ETF) (NYSE:SDS), iShares Russell 2000 Index (ETF) (NYSE:IWM), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQQ)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Related ETFs: SPDR S&P 500 ETF (NYSE:SPY), ProShares UltraShort S&P500 (ETF) (NYSE:SDS), iShares Russell 2000 Index (ETF) (NYSE:IWM), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQQ)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
17 March, 2011
A Catalyst For A Global Correction In Asset Markets
All stock markets and commodity markets were due for a meaningful correction because we have doubled or more than doubled since the March 2009. So, any kind of event was likely to trigger a more meaningful correction and I think this is an event that is most unfortunate but obviously its a catalyst for a global correction in asset markets. - in CNBC
Related: SPDR S&P 500 ETF (NYSE:SPY), iShares Russell 2000 Index (ETF) (NYSE:IWM), ProShares UltraShort S&P500 (ETF) (NYSE:SDS), iShares MSCI Brazil Index (ETF) (NYSE:EWZ), iShares MSCI Emerging Markets Indx (ETF) (NYSE:EEM), ProShares UltraShort QQQ (ETF) (NYSE:QID)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Related: SPDR S&P 500 ETF (NYSE:SPY), iShares Russell 2000 Index (ETF) (NYSE:IWM), ProShares UltraShort S&P500 (ETF) (NYSE:SDS), iShares MSCI Brazil Index (ETF) (NYSE:EWZ), iShares MSCI Emerging Markets Indx (ETF) (NYSE:EEM), ProShares UltraShort QQQ (ETF) (NYSE:QID)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
16 March, 2011
CNBC Video Interview
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
15 March, 2011
The S&P 500 Index May Drop 10-15%, Then QE Will Come Again.
"We may drop 10 to 15 percent. Then QE 2 will come, (then) QE 4, QE 5, QE 6, QE 7—whatever you want. The money printer will continue to print, that I'm sure," said the author of the Gloom, Boom and Doom Report. Later in the interview, he added, "Actually I made a mistake. I meant to say QE 18." - in CNBC
Related: SPDR S&P 500 ETF (NYSE:SPY), ProShares UltraShort S&P500 (ETF) (NYSE:SDS), iShares Russell 2000 Index (ETF) (NYSE:IWM), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQQ), SPDR Gold ETF (GLD);
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Related: SPDR S&P 500 ETF (NYSE:SPY), ProShares UltraShort S&P500 (ETF) (NYSE:SDS), iShares Russell 2000 Index (ETF) (NYSE:IWM), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQQ), SPDR Gold ETF (GLD);
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
This Huge Sell Off Is An Investment Opportunity In Japan, But...
"This huge selloff is an investment opportunity in Japanese equities, but if a meltdown occurs then all bets are off" - in CNBC
Related: IShares Japan ETF (EWJ)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Related: IShares Japan ETF (EWJ)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
If A Nuclear Meltdown Occurs, All Bets Are Off
"If a nuclear meltdown occurs, all bets are off. The devastation could be mindboggling" - in CNBC
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.
11 March, 2011
Interview: Commodities & America's Prosperity
Marc Faber, can we have a commodity boom and general prosperity as well? Or does a surge in commodity prices lead to a negative outcome?
The problem is this: Mr. Bernanke decided to print money, and the Federal Reserve has done that for the last 30 years. When you print money, what the central banks can't decide is where the money will flow to. So it flows into Nasdaq from 1997 to 2000. Then it flows into real estate—until the collapse. In 2008 it flows into commodities. And now again it flows into oil and food. As these prices go up, it hurts the majority of the population.
Not all the population?
For the well-to-do, your Goldman Sachs (GS) or Citigroup (C) bankers, the percentage that you spend on energy and food is very low, so you don't care.
Marc, you are suggesting investors buy American securities because in a disaster the U.S. wins.
I'm just saying the U.S. would go down less than emerging economies. But the fact is, we keep growing. How do you push against the optimism of half a century?
In the 1950s, America was above everything else. Today, relative to the rest of the world, America is nothing. For the first time in the history of capitalism, the emerging world is more powerful than the Western world. That is a huge change. And it brings huge tensions in the world.
in Business Week
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
The problem is this: Mr. Bernanke decided to print money, and the Federal Reserve has done that for the last 30 years. When you print money, what the central banks can't decide is where the money will flow to. So it flows into Nasdaq from 1997 to 2000. Then it flows into real estate—until the collapse. In 2008 it flows into commodities. And now again it flows into oil and food. As these prices go up, it hurts the majority of the population.
Not all the population?
For the well-to-do, your Goldman Sachs (GS) or Citigroup (C) bankers, the percentage that you spend on energy and food is very low, so you don't care.
Marc, you are suggesting investors buy American securities because in a disaster the U.S. wins.
I'm just saying the U.S. would go down less than emerging economies. But the fact is, we keep growing. How do you push against the optimism of half a century?
In the 1950s, America was above everything else. Today, relative to the rest of the world, America is nothing. For the first time in the history of capitalism, the emerging world is more powerful than the Western world. That is a huge change. And it brings huge tensions in the world.
in Business Week
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
10 March, 2011
The Worst Case Scenario For Oil: If The Unrest Spreads To Saudi Arabia
In this most extreme, worst-case scenario for the oil markets, serious unrest spreads to Saudi Arabia. In this case, it does not really matter if Libya or any other producers are shut down or not. Saudi Arabia is OPEC's biggest producer and the world's biggest current holder of spare capacity. - in CNBC
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.
Long Term, You Should Be Exposed To Energy
I think long term you should be exposed to energy in either scenario....if you are extra bearish and believe that War World III is going to start soon, as I believe, or in an optimistic scenario. - in CNBC
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.
09 March, 2011
OIl Prices Outlook
"The world is burning more oil than its adding more reserves every year"
Related: iPath S&P GSCI Crude Oil Total Return (NYSE:OIL), United States Oil Fund LP (ETF) (NYSE:USO), Exxon Mobil Corporation (NYSE:XOM), ConocoPhillips (NYSE:COP), Murphy Oil (MUR), Chevron Crop. (CVX), Marathon Oil (MRO)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
08 March, 2011
CNBC Video Interview: March 2011
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Oil Outlook
"If you take a very optimistic view of the world, namely a global economic recovery, demand in the western world will pick up, and demand in the emerging world will continue to rise very strongly, and so from a very optimistic point of view, you should be long oil.
In a very pessimistic scenario, you have to assume the unrest will shift also to Saudi Arabia and other countries in the gulf, and at that stage, maybe production may be curtailed, and in that case, obviously oil would go up ballistically... In both cases you should be long energy and energy related shares.
The fact is the world is burning more oil than it's adding new reserves. So the level of overall proven reserves, or the existing oilfields - that production will go down. Finding and developing new oilfields, is a difficult and costly exercise." - in CNBC
Related: iPath S&P GSCI Crude Oil Total Return (NYSE:OIL), United States Oil Fund LP (ETF) (NYSE:USO), Exxon Mobil Corporation (NYSE:XOM), ConocoPhillips (NYSE:COP)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
In a very pessimistic scenario, you have to assume the unrest will shift also to Saudi Arabia and other countries in the gulf, and at that stage, maybe production may be curtailed, and in that case, obviously oil would go up ballistically... In both cases you should be long energy and energy related shares.
The fact is the world is burning more oil than it's adding new reserves. So the level of overall proven reserves, or the existing oilfields - that production will go down. Finding and developing new oilfields, is a difficult and costly exercise." - in CNBC
Related: iPath S&P GSCI Crude Oil Total Return (NYSE:OIL), United States Oil Fund LP (ETF) (NYSE:USO), Exxon Mobil Corporation (NYSE:XOM), ConocoPhillips (NYSE:COP)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
07 March, 2011
A Global Systemic Collapse Would Benefit The US In Relative Terms
"I would argue that a global systemic collapse would in relative terms benefit the US" - in Bloomberg
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.
05 March, 2011
Japan Will Have To Monetize The Debt
“If I look at the next 5 to 10 years, the interest payments on the government debt in Japan and the fiscal deficits will become very burdensome and that will necessitate monetization. That will bring about a huge shift of money out of cash and bonds into equities.” - in Bloomberg
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.
04 March, 2011
Bullish On Japanese Stocks
“If I had to make a bet for the next ten years in terms of equity markets, I would seriously consider a very strong weighting here in Japan. Once the debt market starts to go down, the yen will begin to weaken and that will lift equity prices. I would buy equities at the present time.”
in a CLSA Asia-Pacific Markets, Tokyo
Related: iShares MSCI Japan Index (ETF) (NYSE:EWJ), Sumitomo Mitsui Financial Grp, Inc.(ADR) (NYSE:SMFG) , Mizuho Financial Group, Inc. (ADR) (NYSE:MFG) , Mitsubishi UFJ Financial Group Inc (ADR) (NYSE:MTU), Sony Corporation (ADR) (NYSE:SNE), Toyota Motor Corporation (ADR) (NYSE:TM) , HONDA MOTOR CO., LTD. (ADR) (NYSE:HMC)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
in a CLSA Asia-Pacific Markets, Tokyo
Related: iShares MSCI Japan Index (ETF) (NYSE:EWJ), Sumitomo Mitsui Financial Grp, Inc.(ADR) (NYSE:SMFG) , Mizuho Financial Group, Inc. (ADR) (NYSE:MFG) , Mitsubishi UFJ Financial Group Inc (ADR) (NYSE:MTU), Sony Corporation (ADR) (NYSE:SNE), Toyota Motor Corporation (ADR) (NYSE:TM) , HONDA MOTOR CO., LTD. (ADR) (NYSE:HMC)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
03 March, 2011
Housing Stocks, KB Home (KBH)
Some of the housing companies, the stronger ones like KB Home (KBH) are reasonable. I think they will also correct because I think the inflation trade that has become overly popular is going to correct and started a correction beginning in November with emerging economies. Many stocks in emerging economies are down 30 or 40 percent and I think this correction will be ongoing. - in bloomberg
Related: iShares MSCI Emerging Markets Indx (ETF) (NYSE:EEM), Lennar Corporation (NYSE:LEN), Toll Brothers, Inc. (NYSE:TOL)
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), Lennar Corporation (NYSE:LEN), Toll Brothers, Inc. (NYSE:TOL)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
02 March, 2011
Chesapeake Energy (CHK), Natural Gas & Market Correction
I recommended Chesapeake Energy Corporation (NYSE:CHK) when it was a t 22-23 USD because I happen to like natural gas and I don`t think the natural gas ETF is attractive. So I like Chesapeake Energy Corporation (NYSE:CHK) but at this level it may also be due for a correction.
Related: United States Natural Gas Fund, LP (NYSE:UNG)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Related: United States Natural Gas Fund, LP (NYSE:UNG)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
01 March, 2011
Energy Stocks Are Overdue For A Correction
"Energy stocks have rallied a lot and are overdue for a correction" - in CNBC
Related: Exxon Mobil Corporation (NYSE:XOM), Chevron Corporation (Public, NYSE:CVX), Halliburton Company (NYSE:HAL) , Schlumberger Limited. (NYSE:SLB), Repsol YPF, S.A. (ADR) (NYSE:REP), Murphy Oil Corporation (NYSE:MUR), ConocoPhillips (NYSE:COP), Marathon Oil Corporation (NYSE:MRO), Occidental Petroleum Corporation (NYSE:OXY) , Hess Corp. (NYSE:HES), Petroleo Brasileiro SA (ADR) (NYSE:PBR)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Related: Exxon Mobil Corporation (NYSE:XOM), Chevron Corporation (Public, NYSE:CVX), Halliburton Company (NYSE:HAL) , Schlumberger Limited. (NYSE:SLB), Repsol YPF, S.A. (ADR) (NYSE:REP), Murphy Oil Corporation (NYSE:MUR), ConocoPhillips (NYSE:COP), Marathon Oil Corporation (NYSE:MRO), Occidental Petroleum Corporation (NYSE:OXY) , Hess Corp. (NYSE:HES), Petroleo Brasileiro SA (ADR) (NYSE:PBR)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
CNBC Video Interview: Market Update
Latest CNBC video interview:
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.
Poor Economy, Stagflation And Eventually War
I think we are all doomed. I think what will happen is that we are in the midst of a kind of a crack-up boom that is not sustainable, that eventually the economy will deteriorate, that there will be more money-printing, and then you have inflation, and a poor economy, an extreme form of stagflation, and, eventually, in that situation, countries go to war, and, as a whole, derivatives, the market, and everything will collapse, and like a computer when it crashes, you will have to reboot it. - in a recent interview
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.
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