30 November, 2011
Video: Fox Business News Interview
Latest Fox Business video interview.
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Europe Will Monetize, It Will Postpone The Problem
The big picture endgame in Europe is that they will also monetize like in the US and that will postpone the problem, but it will not solve it. - in Fox Business News
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 Problem Of The Western World Is That There Is Too Much Debt And Too Many Unfunded Liabilities
The optimism arises from some sort of a bailout and monetization. But if you look at the market, OK it’s up, but gold is also up and oil is up. Like in the US, we monetized time and again and it’s just postponing the problem. In the end, crisis will eventually happen. The problem of the Western world is that there is too much debt and too many unfunded liabilities. - in FOX Business News
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.
29 November, 2011
Bloomberg Radio Interview
Latest Bloomberg Radio interview, November 26.
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
28 November, 2011
You Have To Live With Volatility
You’re better off by investing in equities than in government bonds and in cash for the next 10 years. You have to live with volatility. I’m not all that bearish about stocks.
Related, iPath S&P 500 VIX Short-Term Futures ETN (VXX), SPDR S&P 500 ETF (SPY), iShares MSCI Hong Kong Index Fund ETF (EWH)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Related, iPath S&P 500 VIX Short-Term Futures ETN (VXX), SPDR S&P 500 ETF (SPY), iShares MSCI Hong Kong Index Fund ETF (EWH)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
23 November, 2011
Korean Stock Market May Slide Further
Dr. Faber said at a conference held in Seoul Tuesday that China will continue slow economic growth and eventually affect the Korean stock market. Korea stocks already peaked last May and they could slide to the mark of 1,200 or 1,400 points.
Related, iShares MSCI South Korea Index Fund ETF (EWY)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Related, iShares MSCI South Korea Index Fund ETF (EWY)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Zurich Is A Perfect Place
Zurich is the most beautiful and pleasant city in the world. If the weather is fine, in the summer it`s a lovely place. It has an old city, it has a lake, it has the proximity of the mountains...you can do sports... It`s relatively small, it`s cosy, you can walk from A to B, you don`t need to take the subway. Zurich is a perfect place. - in a University Of Zurich video
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.
22 November, 2011
If I Could Go Back In Life I Would Study Economics Again
If I could go back in life I would definitely study economics again. What I have noticed in life is, if you are a lawyer or if you are a medical person, you don`t have the geographical freedom as I had in economics.
I could practice economics anywhere in the world, in Latin America, in the Middle East, in Asia...and I could travel a lot and see the entire world.
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
I could practice economics anywhere in the world, in Latin America, in the Middle East, in Asia...and I could travel a lot and see the entire world.
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Revisiting Zurich
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
21 November, 2011
China`s Inflation: The Truth Is Somewhere Between 12 Percent And 15 Percent
Don’t believe China’s consumer price index stands only at 5 percent. The truth is somewhere between 12 percent and 15 percent...
The real-estate bubble is so evident that Chinese property shares are very weak as the volume of real-estate transactions goes down and prices fall. - in Taipei Times
Tickers, iShares FTSE/Xinhua China 25 Index ETF (FXI), PowerShares Gld Drg Haltr USX China ETF (PGJ)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
The real-estate bubble is so evident that Chinese property shares are very weak as the volume of real-estate transactions goes down and prices fall. - in Taipei Times
Tickers, iShares FTSE/Xinhua China 25 Index ETF (FXI), PowerShares Gld Drg Haltr USX China ETF (PGJ)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
18 November, 2011
China Invented Paper, They Know How To Print
Chinese invented paper. They know how to print money. - BeaconEquity
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.
17 November, 2011
The Middle And Lower Income Classes Are Being Hurt
Some people will benefit from money printing that deflates the purchasing power of currency ... but the middle and lower income classes are being hurt. - in a speech sponsored by Chinatrust Financial Holding in Taipei
Related ETFs, iShares Silver Trust ETF (SLV), SPDR Gold Trust ETF (GLD)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Related ETFs, iShares Silver Trust ETF (SLV), SPDR Gold Trust ETF (GLD)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
QE3 Is Just A Matter Of Time
A third wave of quantitative easing by the US Federal Reserve is just a matter of time. - at an event sponsored by Chinatrust Financial Holding in Taipei
Related ETFs, SPDR S&P 500 ETF (SPY), iShares MSCI Emerging Markets Index ETF (EEM), PowerShares QQQ Trust ETF (QQQ)
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 (SPY), iShares MSCI Emerging Markets Index ETF (EEM), PowerShares QQQ Trust ETF (QQQ)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
16 November, 2011
Markets Are Very Volatile
Markets are very volatile partly because interest rates are at zero percent...and in real terms, negative which essentially stimulates speculation. In addition, we have high frequency trading that lead to very wild swings in the markets. - in Bloomberg
Related ETFs, iPath S&P 500 VIX Short-Term Futures ETN (VXX)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Related ETFs, iPath S&P 500 VIX Short-Term Futures ETN (VXX)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
15 November, 2011
The ECB Will Monetize, Problems Will Be Postponed
Sooner or later, the europeans, especially the ECB will have to monetize and problems will be postponed for a while. - 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.
It`s Going To Be Very Difficult For Markets To Make A New High
I think it`s going to be very difficult for markets to make a new high above (in the case of the S&P 500 Index), the May 2 high at 1370. I think there is a lot of supply between this level, 1260 and 1350, so I doubt we will see new highs.
But that does not mean the market cannot rally another 5 percent or so.
ETFs, SPDR S&P 500 ETF (SPY), ProShares UltraShort S&P500 ETF (SDS)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
But that does not mean the market cannot rally another 5 percent or so.
ETFs, SPDR S&P 500 ETF (SPY), ProShares UltraShort S&P500 ETF (SDS)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
14 November, 2011
Bloomberg Video Interview, November 14
Bloomberg video interview, November 14.
Nov. 14 (Bloomberg) - Marc Faber, publisher of the Gloom, Boom and Doom Report," talks about the outlook for global stock markets. Faber also discusses Europe's sovereign debt crisis, the U.S. economy and Federal Reserve monetary policy. He speaks from Ho Chi Minh City, Vietnam, with Susan Li on Bloomberg Television's "First Up."(Source: Bloomberg)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
13 November, 2011
Japan Could Be Vulnerable As Well
I believe that the next country that is very vulnerable would be Japan or the United States. Also in Europe within the EU we have the so-called PIIGS, in other words, Portugal, Italy, Ireland, Greece and Spain. These countries are quite vulnerable. - in Yahoo Finance
Ticker, iShares MSCI Japan Index ETF (EWJ)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Ticker, iShares MSCI Japan Index ETF (EWJ)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
12 November, 2011
Sovereign Debt Defaults Have Been Very Common Through Out History
Sovereign debt defaults through out history have been very common for centuries, sovereign states have defaulted on their obligations. Usually it happens bacause they borrowed too much and just can`t pay and then they inflate, and when things don`t turn out well then they default. - in Yahoo Finance Tech Ticker
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 November, 2011
The Missing Chapter - A Personal View of Russia - Twenty Years After & The Inflation Pulse Returns and Implications on the Fall Melt-Up of 2011
Marc Faber has just released his November 2011 market commentary on his gloomboomdoom.com website. This month report is entitled "The Strongest Principle of Economic Development Lies in Human Choices".
There are 2 attachments to the monthly market commentary (MMC):
The Missing Chapter - A Personal View of Russia - Twenty Years After by Eric Kraus, Managing Director of Anyatta Capital
The Inflation Pulse Returns and Implications on the Fall Melt-Up of 2011 by Michael A. Gayed, Chief Investment Strategist at Pension Partners, LLC
The first attachment can be accessed at "The Missing Chapter - A Personal View of Russia - Twenty Years After" and you can download the PDF at the end of the linked article. In this chapter, Kraus discusses about Russia before the 1997 collapse and the corruption that took place at the time and how it has now improved and that Moscow feels the freest place in Europe.
The second attachment refers to "Inflation, Deflation And The Fall Melt-Up of 2011" article on Seeking Alpha where Mr. Gayed explains how to navigate the markets which consistently changing market sentiments from deflation to inflation fear and vice-versa. He uses the price ratio of the Treasury Inflation Protected Bond ETF (TIP) relative to nominal 7-10 Year Treasuries (IEF) to anticipate sentiment. - in ETF Investment Ideas website
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
There are 2 attachments to the monthly market commentary (MMC):
The Missing Chapter - A Personal View of Russia - Twenty Years After by Eric Kraus, Managing Director of Anyatta Capital
The Inflation Pulse Returns and Implications on the Fall Melt-Up of 2011 by Michael A. Gayed, Chief Investment Strategist at Pension Partners, LLC
The first attachment can be accessed at "The Missing Chapter - A Personal View of Russia - Twenty Years After" and you can download the PDF at the end of the linked article. In this chapter, Kraus discusses about Russia before the 1997 collapse and the corruption that took place at the time and how it has now improved and that Moscow feels the freest place in Europe.
The second attachment refers to "Inflation, Deflation And The Fall Melt-Up of 2011" article on Seeking Alpha where Mr. Gayed explains how to navigate the markets which consistently changing market sentiments from deflation to inflation fear and vice-versa. He uses the price ratio of the Treasury Inflation Protected Bond ETF (TIP) relative to nominal 7-10 Year Treasuries (IEF) to anticipate sentiment. - in ETF Investment Ideas website
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
10 November, 2011
Sovereign Debt: The Next Crisis
Latest video market update in Yahoo Finance.
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
09 November, 2011
Rates Will Stay Negative In Real Terms
Marc Faber, editor of the Gloom Boom & Doom Report, believes the Fed will keep rates near zero even longer than 2013. In his November commentary, he points to the opinion of Chicago Federal Reserve Bank President Charles Evans, who wants the Fed to “commit itself to keep short-term rates at zero until the unemployment rate falls below 7 percent or the outlook for inflation over the medium term goes above 3 percent.” If Evans has his way, Dr. Faber extrapolates that rates could “stay at zero for five or even 10 years (and negative in real terms).” - in DailyMarkets.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.
08 November, 2011
Diversify, Diversify
The current environment is not one where you can sleep well, unless you are well diversified. - in Taking Stock, 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.
Faber On Bloomberg: Audio Interview
Listen to the audio interview HERE, "Faber Greece, Other Countries Probably Bankrupt."
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.
07 November, 2011
I Am A Great Optimist In Life
"I am a great optimist in life; otherwise I would commit suicide in view of the kind of governments we have nowadays." - 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.
06 November, 2011
The End Crisis: Sovereigns Going Bankrupt
The end crisis will be postponed until the sovereigns go bankrupt. - in CNBC, Oct 27
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 November, 2011
The Chinese Don’t Issue Shares To “Enrich Foreigners” But To “Impoverish Foreigners.”
"China’s rise has been fueled since 2007 by a bubble in credit there. Faber was vague on when it would burst — now or in three years? — but it’s unsustainable. What’s more, foreigners should beware investing in China’s ongoing construction boom.
Dr. Faber pointed to virtually all U.S. canal and railroad companies going bust in the 19th century, ruining many a foreign investor but leaving North America with an enviable set of infrastructure. He said the Chinese don’t issue shares in companies to “enrich foreigners” but to “impoverish foreigners.” If a foreigner wants to make money in China, Faber said, they should go work there." - in WSJ Blog
Related: IShares FTSE/Xinhua China 25 Index ETF (FXI)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Dr. Faber pointed to virtually all U.S. canal and railroad companies going bust in the 19th century, ruining many a foreign investor but leaving North America with an enviable set of infrastructure. He said the Chinese don’t issue shares in companies to “enrich foreigners” but to “impoverish foreigners.” If a foreigner wants to make money in China, Faber said, they should go work there." - in WSJ Blog
Related: IShares FTSE/Xinhua China 25 Index ETF (FXI)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
04 November, 2011
Super Bulls And Super Bears Will Be Disappointed
I think that the super bulls and super bears will be disappointed that we're in a trading range of 900 on the S&P 500 Index (SPDR S&P 500 ETF SPY) and 1350, something like this. i don't think i don't think we will make a new high above the may 2nd high on the S&P 500 Index (SPDR S&P 500 ETF SPY). - 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.
03 November, 2011
Governments Are No Longer Representing The Interest Of The Communities
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Rising Living Standards In the Emerging World Will Keep Commodity Prices Well Bid
Rising living standards in the emerging world will support demand for commodities — and keep us paying through the nose. Faber observes that if you double someone’s income from $1 million to $2 million, their spending on raw materials “except maybe cocaine” doesn’t rise. Not so for someone on a few thousand dollars a year. They buy cars and the other trappings of middle-class living. - in WSJ Blog, covering World Commodities Week in London
Tickers, United States Oil Fund (USO), Powershares DB Base Metals Fund ETF (DBB)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Tickers, United States Oil Fund (USO), Powershares DB Base Metals Fund ETF (DBB)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
02 November, 2011
Economic And Stock Market Cycles
Dr. Faber agrees that economic and stock market cycles have moved in tandem in the past. But he makes a case for them not being so closely linked in the future. The reason being the concentration of wealth, and liquidity if you will, in the hands of a few. Faber argues that despite poor economic fundamentals in the developed markets, equity and other asset classes may not suffer too much. The premise of this argument is that since the 1980s, wealth inequity has increased significantly. According to him, currently the top 1% percent of households in developed economies earns 20% of all incomes. Also they own 33.4% of the total net worth of these economies. Hence, even though consumer sentiment is controlled by 80% of the population, just 1% of the population controls the money supply and fiscal deficits. The latter in turn largely determine the value of assets and exchange rates. With economic uncertainties like lower income growth and unemployment not impacting the moneyed class too much going forward, Faber believes that equity investing may remain unaffected.
While the logic of Faber's comment cannot be sidelined, we believe that his observation about economy and markets getting disconnected is a theoretical misnomer. For even the 1% population does get affected by the poor sentiment amongst 80% of the population. And when that happens, money supply deserts risky asset classes likes stocks and chases safe returns. At such times most rich households too prefer to maintain their wealth in cash or safe and liquid assets. Hence income inequality may be a reality in developed and developing markets alike. But neither can remain insulated from the downsides of economic cycles by the virtue of wealth concentration. - in Equity Master
ETFs: iShares MSCI Emerging Markets Index ETF (EEM), 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.
While the logic of Faber's comment cannot be sidelined, we believe that his observation about economy and markets getting disconnected is a theoretical misnomer. For even the 1% population does get affected by the poor sentiment amongst 80% of the population. And when that happens, money supply deserts risky asset classes likes stocks and chases safe returns. At such times most rich households too prefer to maintain their wealth in cash or safe and liquid assets. Hence income inequality may be a reality in developed and developing markets alike. But neither can remain insulated from the downsides of economic cycles by the virtue of wealth concentration. - in Equity Master
ETFs: iShares MSCI Emerging Markets Index ETF (EEM), 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.
The Situation Is So Bad That Governments Can`t Make It Worse
Economic policy makers cannot solve problems by using the same kind of thinking they used when they created them. Never in the history of the world has there been a situation so bad that the government can’t make it worse! - 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.
01 November, 2011
Central Banks Can Postpone The End Game For 5 Or 10 Years
CNBC video interview, October 26th
Video topics: Central Bank policy, inflation, debt, student loans;
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Inflation Accounts For Most Of The Supposed Growth In The U.S.
The inflation in the system is accounting for most of the supposed "growth" in the US economy. - 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.
The Surging U.S. Federal Debt
It took the United States 200 years to get to a federal debt of 1 trillion dollars in 1980, another six years to get to 2 trillion dollars, and now it’s north of $15 trillion. - in WSJ Blog
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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