Monday, April 27, 2009

Marc Faber The FED will continue Printing Money

April 27 -- Marc Faber, publisher of the Gloom, Boom and Doom report, was interviewed By Bloomberg's Deirdre Bolton and Betty Liu about GM Corp.'s offer to exchange $27 billion of bondholder claims to equity in an effort to help the biggest U.S. automaker avert bankruptcy.
Marc Faber also said that The Federal Reserve will continue printing money , any chance is good for the FEDto print new money (Source: Bloomberg)

Thursday, April 23, 2009

Markets Will Be Very Volatile

We live now in an environment of very, very high volatility, because on the one hand you have the private sector that has tightened lending conditions, and wealth has been destroyed. Households will save more and be more prudent financially than they've been. In other words, credit or liquidity is tightening.

Then on the other hand you have these clowns in government that think that they can solve any problem. As Mr. Geithner said recently, "we know how to fix the problems." Well if he knew so well how to fix the problems, why did he let the problems happen in the first place? He was the New York Fed Chairman when the conditions were created!

Why the Nickname Dr. Doom?

"I earned my name as ‘Dr Doom’ for predicting that stock market crash a week before it happened. It was lucky that it happened so soon after I made the prediction rather than six months later."

Marc Faber cemented his reputation further by turning bearish on the Japanese market in the late 1980s and also predicted the Asian crisis in the late 1990s. Over the course of the 1990s the subscribers to his Gloom Boom & Doom newsletter grew steadily.

Tuesday, April 21, 2009

Markets may continue their bounce for a while: Marc Faber

Author of Gloom, Boom and Doom report Marc Faber,gives his views on the US dollar, Asian markets and commodities

Wednesday, April 15, 2009

Where The Money is Coming from ?

This Interview was made in 14 Oct 2008 , but I thought it is still Interesting

Monday, April 13, 2009

Faber Says U.S. Stocks `Overbought,' Sees Correction

April 13 ( -- Marc Faber, managing director of Marc Faber Ltd. and publisher of the Gloom, Boom and Doom Report, talks with Ken Prewitt about the performance outlook for the stock market.

Faber also discusses the impact of the civil unrest in Thailand on the country's financial markets. (Source: Bloomberg)

00:00 "Negative impact" of civil unrest
02:05 Thailand's baht, impact on global markets
03:30 Equities "overbought," correction to follow
05:58 Commodities, financial stock investments

Running time 07:24

Monday, April 6, 2009

Marc Faber Says Stocks May See ‘Correction’ of 10% April 7

Marc Faber, managing director of Marc Faber Ltd. and publisher of the Gloom, Boom and Doom Report, talks with Susan Li, Arnold Gay and Patricia Lui about the outlook for global stocks. Faber, speaking from Singapore, also discusses his forecasts for the bond market, gold price, dollar and his investment strategy.Source Bloomberg

Dr. Marc Faber Tomorrow's Gold







Dr Marc Faber was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna cum laude. Between 1970 and 1978, Dr Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In June 1990, he set up his own business, which acts as an investment advisor and fund manager.