Marc Faber: Buy Gold. Israel-Iran War Imminent

Investors should buy equity and gold as the only relatively good way to hedge against political risk and Middle Easy and a war between Iran and Israel said the Swiss money manager and long-term bear Marc Faber.
“I think sooner or later, the U.S. or Israel will strike Iran—it's almost inevitable" Faber, who publishes the widely read Gloom Boom and Doom Report, told Reuters on the sidelines of an investment conference.
If war breaks out in the Middle East, Bernanke will print more money as there will be no other option.
They need to finance a war. Because war doesn’t destroy corporations it is a good way to hedge.
Of course, investors must be able to live with volatility and must have cash.
"The Americans and the western powers know very well they cannot contain China economically... but one way to contain China is to switch on and switch off the oil tap from the Middle East," he said.

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 2012 – Markets are overbought, a Correction is coming

Markets are overbought, technically they have deteriorated, and we have very heavy insider selling, so I think a correction is coming.
About gold, He is not convinced that the correction, which began in early September with gold at $1920, is entirely complete. Marc continues to recommend a simple allocation to 4 asset classes: 25% gold, 25% equities, 25% real estate, 25% cash. He also expects higher volatility in the next few years.
Marc Faber the author of the Gloom, Boom & Doom Report said also that Bernanke will initiate Q3 only when the market goes down 10-15%. He believes that Q3 depends on the stock market (equity prices), and the price of oil, which is still high.

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: Government Will Seize Gold

Economist Marc Faber, publisher of The Gloom, Boom and Doom report, said the government will seize privately held gold but that doesn't stop him from buying gold. He prefers owning physical gold among all commodities. He advices Americans to store it outside the USA. He expects gold price to rise expotentially. Even though Mr Faber is staying out of commodities because he is worried that China will collapse, he buys physical gold every month.

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.