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 25, 2012
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.
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.
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.
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