Full story here. My favorite perma-bear with the sexy Swiss accent.
Marc Faber the Swiss fund manager and Gloom Boom & Doom editor said the US Federal Reserve will create a “final crisis” by continuing to print money because it is underestimating the strength of the economy which shows no signs of stenghtening but signs of [...]
Full story here from my favorite Swiss trader.
Marc Faber, publisher of the Gloom, Boom & Doom Report, reveals his views on the inflation/deflation, of the US dollar. Marc says, cash and treasury bond will lose and the winners will be foreign currency and commodities. Equities have some power to hedge inflation. [...]
Full story here from ZeroHedge. I love that sexy Swiss man talking sense.
“Marc Faber discusses America’s unsustainable debt load in this interview with Margaret Brennan on Bloomberg TV. An amusing observation: the GDP growth from each $1 of new total debt has dropped from $0.25 to -$0.60. Also some much deserved Bernanke and Krugman bashing. [...]
Full story here from Paul Farrell via Marketwatch. I’m getting a bit of “danger” fatigue. Probably because I’ve been waving my hands yelling “We are sooo screwed” for many months now. But the collapse of the Ziggurat will take some time. More time than the drive-thru culture is willing to pay for ‘gratification’ of witnessing [...]
This tasty bit found here from the Wall St. Journal. Octuple bonus points for Faber calling Bernanke a disciple of tyrant Robert Mugabe!!
“Economic provocateur Marc Faber joined a chorus of commentators picking on Paul Krugman’s recent state-of-economics magazine article.
Mr. Krugman “thinks it would be very good to have another bubble in the world and deal [...]
You can see the latest blurbs from super Contrarian investor Marc Faber. Gotta love that sexy Swiss accent.
http://finance.yahoo.com/tech-ticker/article/336235/Ten-Big-Companies-That-Are-Veering-Toward-Bankruptcy?tickers=AMD,LVS,S,M,GT,MYL,HTZ
http://finance.yahoo.com/tech-ticker/article/339839/Faber-Ken-Fisher-Is-Wrong!-America-Already-Has-Way-Too-Much-Debt?tickers=%5EDJI,%5EGSPC,EEM,TBT,TIP,GLD,UDN
http://finance.yahoo.com/tech-ticker/article/338419/Buy-Stocks-Because-U.S.-Dollars-Will-Be-%22Worthless%22-Says-Faber?tickers=fcx,gld,nem,chk,ng,xom,pfe
http://finance.yahoo.com/tech-ticker/article/337749/Bullish-Today-Marc-Faber-Is-%22Highly-Confident%22-the-Future-Will-Be-Very-Bleak?tickers=%5EDJI,%5EGSPC,EEM,FXI,VNM,EWZ,SPY