February 29, 2012

Marc Faber doom is not optimistic about the Euro

Marc Faber is not an optimist about the euro. He believes that overall, the USA economy is in better shape than the European economy. The results of the money printing in USA are good in terms of reviving and putting the housing bottom. That improves the economy there. According to some other experts, the USA economy stands now at the best place among the biggest developed nations (Europe, Japan), no wonder the USD is going up compared to the EUR and JPY.

Marc Faber is a great contrarian investor and publisher of the Gloom Boom & Doom Report. He is well known for his accurace predictions of stock market crashes and other correct calls on different investment assets.

Marc Faber on China

According to Marc Faber, the Chinese economy is weaker than perceived and is slowing fast. He is not sure if China will crash or just have a big correction but we must be careful, said the author of the Gloom Boom and Doom report.

Marc Faber is a great contrarian investor and publisher of the Gloom Boom & Doom Report. He is well known for his accurace predictions of stock market crashes and other correct calls on different investment assets.

February 25, 2012

Marc Faber: Western Standard of Living Won't Recover

Economist Marc Faber, publisher of The Gloom, Boom and Doom report, believes that will not recover, let alone rise. The debts everywhere are too much. There is no option to keep the system going without printing money and adding stimulus packages. He thinks that there will be an "Economic Armageddon", and the total collapse of the system will come one day. People will realize that their standard of living don't go up and one day governments will go to war. Once capitalism collapse, there will be a currency reform, all USD will be converted to some new currency. So far, the USD lost 95% since the FED was formed.

Marc Faber is a great contrarian investor and publisher of the Gloom Boom & Doom Report. He is well known for his accurace predictions of stock market crashes and other correct calls on different investment assets.

February 23, 2012

Marc Faber - Emerging Markets Are Extremely Overbought

India's currency has strengthened as well as the stock market which is up 14%. Emerging markets are performing best since January 2012. In USD terms, investors that bought Indian stocks, are up about 20%, in few months. That is fast, and that is why these markets are overbought near term.

Marc Faber is a great contrarian investor and publisher of the Gloom Boom & Doom Report. He is well known for his accurace predictions of stock market crashes and other correct calls on different investment assets.

February 21, 2012

I Like Real Estate In The U.S.

I like real estate in the U.S...Just buy a house. - in ETF Daily News

Marc Faber is a great contrarian investor and publisher of the Gloom Boom & Doom Report. He is well known for his accurace predictions of stock market crashes and other correct calls on different investment assets.

February 19, 2012

Marc Faber: It May Be Time to Go Long US Housing


Marc Faber, the investor and analyst best known for contrarian calls on precious metals and currencies, thinks it’s high time investors look again at U.S. housing.
The editor of the Gloom Boom & Doom Report told CNBC that homebuilder stocks were up but that property itself hadn’t followed along.
"If you look at the supply of homes, new construction, and you compare it to immigration into the United States, to the growth of the population, then these markets are very attractive from a longer-term perspective," Faber told CNBC, speaking of southern U.S. markets, including Sunbelt locations such as Atlanta, Phoenix and Miami.
Investors could make, he estimated, an 8 percent annual return on rentals at a huge discount to construction cost — as much as 50 percent in some places.
In Faber’s view, major funds would have a hard time capitalizing on the opportunity.
Hedge fund manager Kyle Bass, however, disagrees. He’s putting together a $500 million fund to buy home-loan securities once trashed as toxic — subprime loans, according to a Bloomberg News report.
Other names joining the subprime land rush include hedge fund manager John Paulson, who made billions betting the collapse, Goldman Sachs Group, and American International Group, the huge insurer that had to be bailed out by taxpayers followed the credit collapse, Bloomberg reports.
Low housing prices have hurt the economy, Federal Reserve Chairman Ben Bernanke said in a speech.
"Recent declines in housing wealth may be reducing consumer spending between $200 billion and $375 billion per year. That reduction corresponds to lower living standards for many Americans," Bernanke told homebuilders in Orlando, Fla.

Source:  Moneynews

Marc Faber is a great contrarian investor and publisher of the Gloom Boom & Doom Report. He is well known for his accurace predictions of stock market crashes and other correct calls on different investment assets.

In Japan They Have Deleveraged And The Household Sector Is In Good Shape

I think the Japanese economy isn't in such a bad shape. They have deleveraged and the household sector is in pretty good shape. - in CNBC

Marc Faber is a great contrarian investor and publisher of the Gloom Boom & Doom Report. He is well known for his accurace predictions of stock market crashes and other correct calls on different investment assets.

February 18, 2012

A Good Chance That Japanese Stocks Surprise On The Upside

The most important for Japanese stocks, for them to perform well, is a weakening yen.

I think the Japanese, like everybody else in this world, will print money and once they print money and the yen no longer strengthens, I think there's a good chance that Japanese stocks will surprise on the upside. - in CNBC

Marc Faber is a great contrarian investor and publisher of the Gloom Boom & Doom Report. He is well known for his accurace predictions of stock market crashes and other correct calls on different investment assets.

February 17, 2012

A Correction Is Coming Very Soon

"Last year, emerging markets and Europe grossly underperformed the U.S. - say in the case of India by 40 percent. So from the lows in November, the emerging markets have now outperformed the United States.

Now I think the markets are overbought and a correction is coming very soon. - in CNBC

Marc Faber is a great contrarian investor and publisher of the Gloom Boom & Doom Report. He is well known for his accurace predictions of stock market crashes and other correct calls on different investment assets.

February 16, 2012

Keeping The High Dividend Asian Shares

Well I bought some shares in November and December of last year, and I’m not going to sell them because they are high dividend shares in Asia, and I quite like the Asian markets. - in FBN

Marc Faber is a great contrarian investor and publisher of the Gloom Boom & Doom Report. He is well known for his accurace predictions of stock market crashes and other correct calls on different investment assets.

February 15, 2012

S&P 500, We Don`t Know How Bad The Correction Will Be

The homebuilders in some cases are up 100 percent from the lows last October/November. The banks are up 60, 70 percent from the November lows. I would just wait here a little bit because we don`t know how bad the correction will look like... It could be 100 points on the S&P (500 Index), it could be 200 points. - in Fox Business

Marc Faber is a great contrarian investor and publisher of the Gloom Boom & Doom Report. He is well known for his accurace predictions of stock market crashes and other correct calls on different investment assets.

February 14, 2012

Markets Are Overbought & February Is Traditionally A Weak Month

Basically, what has happened, the market peaked out last May, then it dropped to 1,074 on October 4th on the S&P 500 Index. Now we’re up 25%. The market is very overbought right now, and any excuse for profit taking is now being taken. And I think February is traditionally a weak seasonal month, so we’ll go down first for a while. - in ETF Daily News

Marc Faber is a great contrarian investor and publisher of the Gloom Boom & Doom Report. He is well known for his accurace predictions of stock market crashes and other correct calls on different investment assets.

Greece Is Just A Small Appetizer

It’s a symptom of a wider problem that we have over-indebted governments in the Western world and Japan and this is just a small plate, a small appetizer to much larger problems and a much larger crisis. - in Fox Business News

Marc Faber is a great contrarian investor and publisher of the Gloom Boom & Doom Report. He is well known for his accurace predictions of stock market crashes and other correct calls on different investment assets.

February 12, 2012

Fox Business Video: Markets Are Overbought

                          Latest Marc Faber`s video interview with Fox Business.  


Marc Faber is a great contrarian investor and publisher of the Gloom Boom & Doom Report. He is well known for his accurace predictions of stock market crashes and other correct calls on different investment assets.