Friday, June 12, 2009

Great Investment Opportunities in South Korea Says Marc Faber

Marc Faber, editor & publisher of The Gloom, Boom & Doom Report says "Now is the time to go into the South Korean market as it will not hit new lows" . there are great investment opportunities there ..it is a leveraged economy ...Dr doom said he came to Asia in 1973 and South Korea was one of the first countries he visited and he later invested in South Korea in the late 70s and he made a lot of money there ...Dr Doom added " I have to say it is a country along with Singapore Taiwan Honk Kong that has developed enormously over the past 30 , 40 years . if you look at the Korean stock market in November as was the case for Taiwan they were at 30 years low , in other words , stock market was no higher than 20 years ago ...when you have a country that has achieved huge progress over that period of time , in my view that we have made in some Asian market major lows and that it won't break below these lows it is possible that here and there we can break these lows , it is possible but particularly in Korea and Taiwan we won't break these lows "in other words would you give your money to Bernanke and Geithner or would you give to Asian business men ? ...in order to start investing in Korea , if you do not know the market you better start by buying an ETF or give your money to a manager who knows the region .,...the problem here is Inflation











Thursday, June 11, 2009

Marc Faber and The Zimbabwe like Inflation

Marc Faber was the first investor to warn about a Zimbabwe like hyper inflation in America , this was early this month on Bloomberg Television "Prices may increase at rates close to Zimbabwe’s gains," Faber said . by the way according to statistics Zimbabwe’s inflation rate reached 231 million percent last July,

“I am 100 percent sure that the U.S. will go into hyperinflation,” Faber said. “The problem with government debt growing so much is that when the time will come and the Fed should increase interest rates, they will be very reluctant to do so and so inflation will start to accelerate.” Faber added ..this story was reported continuously on main stream media these last 2 weeks , even Peter Schiff talked about it on his Wednesday Wall street unspun podcast

Cyber warfare attack against America by China Russia or India sees Marc Faber

Marc Faber recommends commodities in particular sugar cotton copper gold silver and precious metals
the government debt has is growing at very rapid pace during the last 12 months , it increased by 1.9 trillion dollar next 12 months I expect it to increase by about 2 trillion dollars or so , and then it will be very difficult to bring down the deficit in my opinion " said Marc Faber on June 6 2009 during an interview with radio host King World News ..." Economy is unlikely to recover much from the present level we have fallen off the cliff between September of last year and march of this year and we reached in March kind of low point in economic activity and what can happen from this low point is some kind of recovery for a couple of months or even a couple of years but I think the peak prosperity and the peak growth rate we had in 2006 early 2007 will not come back any time soon , The FED will be in a position in which they will be very reluctant to increase interest rates " Faber added "we have since march weakness in dollar and in bond but strength in stocks and in commodities and now I think for the next ten days the bonds can rebound in other words yields will come down somewhat and the dollar can rebound somewhat , but long term I am extremely negative about US treasury Bonds and the US dollar







Wednesday, June 10, 2009

The Commodities market Bubble is about to burst

Crude Oil, Natural Gas Gold, Copper speculative bubble is about to explode some experts warn Gold’s long-term rally may be reaching an end
Gold price has increase 9.3 percent this year, heading for a ninth annual gain, caused by the investors fear of an hyperinflation scenario and the search for a better reserve currency alternative to the U.S. Dollar,and , The American FED has have literally flooded the world market with freshly printed US dollar bills , America Japan and Europe cut interest rates and increased liquidity added to the problem. early this month Marc Faber said he was still buying gold and forecast the U.S. economy would enter hyperinflation similar to Zimbabwe . another legendary investor also from Asia Jim Rogers said practically the same ...more gold commodities mining and farming assets and shares

“My personal view is that asset-price deflation and sluggish economic growth will prevail for the next year and a half,” Walker said yesterday. “Under that scenario, gold’s investment value starts to look far less interesting.” said Marc Faber during an early interview with Bloomberg

following is an interview done by bloomberg with Sumitomo's Takai a commodities trader from Tokyo about the Oil, Gold, Copperspeculative bubble 10 june 2009







Monday, June 8, 2009

The dollar would be a weak currency In the long-term Said Marc Faber

Commodities are also about to top out said Marc Faber
Marc Faber was Interviewed this morning by the asian TV CNBC-TV18
he says that commodities are also about to top out , so he does not think that they are an attractive entry point anymore "es, I have had positions. Many resource stocks have more than doubled from the lows. Some have even tripled. I don�t think that it is a very attractive entry point to buy these commodities and commodity-related stocks.

Oil is up almost 100% from the lows. The demand for oil is still rising but not as much as before. There is plenty of flight. So, I just don�t think it is a very good time to buy."
and speaking about India he said that he would rather sell India than buy it " I think that India has of course good growth potential, but there are still lots of uncertainty, both political and economic. As a trader, I would rather sell India than buy it. But as a long-term investor, I would hold here in India."
and speaking about the Asian equities he said : "I have taken some money off the table. In Asia, we have lots of stock markets and lots of stocks that have reasonable valuation. I wouldn�t say very cheap, but reasonable valuation. If you have a long-term time horizon and have cash flow whereby you can buy more shares if they should go down, then I would say hold them. But as a trader, I think as of today I would rather sell than buy." he also mentioned that no paper money and at the top of the list the US dollar is desirable at this point :"In the long-term, the dollar would be a weak currency. But we have a lot of volatility and can go either way. No paper currency is very desirable. That is the problem." speaking about global markets and the high risk at entering equities at this time he said the gravy is out of the market and added :"I would say that the entry point for people who want to buy equities around the world is a high risk entry point because the global economy has bottomed out. There is little potential to grow very strongly. So, there will be disappointments in terms of earnings in the second half of 2009. The gravy is a bit out of markets. India was below 8,000 on the Sensex and has gone up almost 100%. I don�t think it is a very good time to make an entry into the markets except for traders"

Peak oil is real said Marc Faber to Bloomberg

The oil prices will continue to rally despite the depression
is it speculation peak oil or something else that pushes the oil prices to sky rocket again ? some experts predict 80 to 90 dollars a barrel before the end of the year , peak oil is a reality said Marc Faber because the reserves are in decline , but what it is more scary is not the peak oil but the peak demand...Marc Faber was interrogated today among a panel of other experts by Bloomberg about the oil prices continuing to soar despite the economy is still not out of the tunnel , this is not probably a sign that the economy is picking up again it simply reflects the weakness of the dollar and the fact that countries with huge dollar reserves are trying to dump those dollars in the market purchasing commodities and oil in particular before the dollar crashes under the weight of the trillions that have been printed out of thin air lately by the FED ....so it is not the economy that is picking or the peak oil scenario it is simply the fact that countries are trying to get out of the dollar bill as fast as they can






Thursday, June 4, 2009

Marc Faber Gold Dollar and The Zimbabwe Inflation continue to raise controversy

Marc Faber News


Back to the inflation/deflation/hyperinflation debate.
Marc Faber raised a lot of fuss last week with his bold warning on Bloomberg TV that US hyperinflation will approach Zimbabwe’s levels. His warning - as Credit Writedown’s Edward Harrison noted - raised the question: Is this headline-seeking exaggeration or serious punditry?
We suspect a bit of both. Faber struck a chord with his evocation of the “Z word”, setting off frenzied debate.
This week, things look different, as unexpectedly strong US output data and other economic figures elsewhere drove equity prices higher as risk appetite improved and the dollar plunged against both the euro and the pound.
And lo and behold, Faber’s latest monthly client newsletter takes a far more - er, sanguine - view of things, relatively speaking. In fact, we’re wondering if it’s the same Marc Faber doom-meister of last week.
It’s not that the uber-bear has become a mega-bull. Indeed, citing a variety of factors including the overbought condition of stocks, “heavy insider selling” and an increase in the supply of equities due to debt to equity conversions, Faber warns that the buying of equities right now “does not seem to be particularly timely”.
It’s rather that Faber is more tempered than he has been in a while. No mention of Zimbabwe at all. Equities could go either way but more likely bottom out. US inflation will be irksome, of course, as a result of the disastrous economic policies of Tim Geithner and Ben Bernanke. But US government bonds have tumbled and the US dollar has been weak. Both are near-term oversold and should shortly rebound, he says.
As for equities, a correction should “unfold” in the short term, he says, but market lows reached either towards the end of last year (in most emerging markets) or in March of this year (in most developed markets) also should hold.
Any such correction, he adds, could take the shape of a sideward movement in the major averages, “or even not occur at all”.
Read entire article:

Sunday, May 31, 2009

Marc Faber and Nouriel Roubini agree on the Inflation scenario

Marc Faber, dubbed Dr. Doom for his negative views on the global economy, said he is 100 percent sure that the United States will go into hyperinflation like that of Zimbabwe.

``The problem with government debt growing so much is that when the time comes and the Federal Reserve should increase interest rates, they will be very reluctant to do so and so inflation will start to accelerate,'' Faber said in a recent interview.

Prof. Nouriel Roubini at New York University, one of the few who predicted the ongoing economic turmoil, is talking about a milder but still severe inflation.

During a press conference last week on the sidelines of the Seoul Digital Forum, Roubini said double-digit inflation would wreak havoc on the U.S. economy.

``The U.S. inflation rate is at a very low level now. But even 10-percent inflation would highly damage the U.S. and may cause a decade of very mediocre economic growth,'' he said.

Saturday, May 30, 2009

Longer Term Of Inflation - Marc Faber

Marc Faber says we will see hyper inflation and he doesn't think that the threat of inflation is going to be bearish for the stock. (Taking Stock)
"The U.S. economy will enter “hyperinflation” approaching the levels in Zimbabwe because the Federal Reserve will be reluctant to raise interest rates" investor Marc Faber said
"Prices may increase at rates “close to” Zimbabwe’s gains" Faber said
“I am 100 percent sure that the U.S. will go into hyperinflation,” Faber said. “The problem with government debt growing so much is that when the time will come and the Fed should increase interest rates, they will be very reluctant to do so and so inflation will start to accelerate.”

Thursday, May 28, 2009

Opportunity in Natural Gas? Marc Faber

Marc Faber Sees Opportunities in Natural Gas?


“The price of natural gas is so low at the moment, and production’s been cut back so much, that a slight rise in demand is enough to trigger a huge price spike,” Naeimi said by phone today. “While other commodities have rallied, natural gas has been left substantially behind in the energy complex.”

Speculation of a global economic recovery has driven oil prices in New York up 93 percent since Dec. 19, when futures settled at their lowest since February 2004. The price of natural gas has slumped by more than a quarter over the same period.

The number of oil and natural gas rigs operating in the U.S. has more than halved from a two-decade high of 2,031 in September as the recession eroded demand, according to data published last week by Baker Hughes Inc.

“Spot is trading at much lower levels than long-dated natural gas contracts,” said Naeimi. “That means the market is expecting prices to rise. Everyone’s storing natural gas to sell at a higher price in the forward market. You also have a push for clean energy globally, which should benefit natural gas.”

Natural gas is the most “undervalued” commodity, investor Marc Faber said in an interview with Bloomberg Television on May 27.


"Peak oil is a reality. It does not mean that prices will go up in the immediate future. There are other sources of energy like nuclear and Natural Gas. Natural Gas is the most undervalued commodity right now. "Said Marc Faber

Marc Faber known as Dr. Doom also trades currencies and commodity futures like Gold and Oil.
Source Bloomberg

U.S. Inflation to Approach Zimbabwe Level


Chen Shiyin and Bernard Lo
Bloomberg
May 28, 2009

The U.S. economy will enter “hyperinflation” approaching the levels in Zimbabwe because the Federal Reserve will be reluctant to raise interest rates, investor Marc Faber said.

Prices may increase at rates “close to” Zimbabwe’s gains, Faber said in an interview with Bloomberg Television in Hong Kong. Zimbabwe’s inflation rate reached 231 million percent in July, the last annual rate published by the statistics office.

“I am 100 percent sure that the U.S. will go into hyperinflation,” Faber said. “The problem with government debt growing so much is that when the time will come and the Fed should increase interest rates, they will be very reluctant to do so and so inflation will start to accelerate.”

Federal Reserve Bank of Philadelphia President Charles Plosser said on May 21 inflation may rise to 2.5 percent in 2011. That exceeds the central bank officials’ long-run preferred range of 1.7 percent to 2 percent and contrasts with the concerns of some officials and economists that the economic slump may provoke a broad decline in prices.

Read entire article



Marc Faber and Peter Schiff on The Glenn Beck 28 May 2009

we are going to have a Zimbabwe like hyperinflation , Peter Schiff and Marc Faber the two Dr Doom agree on different degrees that we are going to have a severe hyperinflation and Bond bubble ...

Dr. Doom's prediction U.S. will suffer Zimbabwe-like hyperinflation fuel for gold bulls?



Posted: May 27, 2009, 10:33 AM by Jonathan_Chevreau ETFs, Inflation, Asset Mix, gold

Over the past year, I've occasionally mused mostly in jest that the way the United States has been printing money to combat the financial crisis seems to rival Robert Mugabe's Zimbabwe. All this by way of wondering how it is that the result of running the presses has been rampant hyperinflation in Zimbabwe, yet the U.S. so far seems to have dodged the inflation bullet.

The difference, I point out, is chiefly that the United States can get away with it and Zimbabwe can't. But now comes a warning from Mark Faber suggesting that indeed, U.S. inflation may approach Zimbabwe level. The piece, which ran on Bloomberg today, is based on an interview Faber gave in Hong Kong. He said the U.S. will enter hyperinflation because the federal reserve will be reluctant to raise interest rates.

Certainly, fed chairman Ben Bernanke has never denied he would resort to running the presses: he was famously dubbed "Helicopter Ben" for his quip that he'd rain dollar bills from the skies if necessary. On Twitter, there a couple of fake Ben Bernanke identities that follow inflation and Bernanke.

One former financial advisor and financial writer takes Faber seriously: "Faber’s got a great track record. His prognosticative abilities are second to none. Couple this with his impressive investment expertise and I’ll cast my lot with Mr. Mark." I've interviewed Faber in person myself: he's dubbed Dr. Doom because he publishes the Gloom, Boom & Doom report.
It's certainly a sensationalistic prediction given that Zimbabwe's inflation rate reached 231 MILLION per cent in July. The Post also ran the item on its web site today here, including a package of other related Zimbabwe and inflation stories.
Read entire article :

Wednesday, May 27, 2009

Marc Faber Sees U.S. Inflation Approaching Zimbabwe Levels

May 27 (Bloomberg) -- Marc Faber, publisher of the Gloom, Boom and Doom Report, talks with Bloomberg's Bernard Lo about the outlook for the U.S. economy.

Faber, speaking in Hong Kong, also discusses the performance of equity markets, gold and oil prices, and the prospects for a global economic recovery. Bloomberg's Mike Firn also speaks. (Source: Bloomberg)
Marc Faber also speaks about nuclear proliferation the Hyperinflation
The U.S. economy will enter “hyperinflation” because the Federal Reserve will be reluctant to raise interest rates, investor Marc Faber said
“I am 100 percent sure that the U.S. will go into hyperinflation,” Faber said. “The problem with government debt growing so much is that when the time will come and the Fed should increase interest rates, they will be very reluctant to do so and so inflation will start to accelerate.”
“There are some concerns of a risk from inflation from all the liquidity injected into the banking system but it’s not an immediate threat right now given all the excess capacity in the US economy,” said David Cohen, head of Asian economic forecasting at Action Economics in Singapore.

“I have a little more confidence that the Fed has an exit strategy for draining all the liquidity at the appropriate time.”
Prices may increase at rates “close to” Zimbabwe’s gains, Faber said in an interview with Bloomberg Television in Hong Kong. Zimbabwe’s inflation rate reached 231 million percent in July, the last annual rate published by the statistics office.
Faber still favors Asian stocks relative to US government bonds and said Japanese equities may outperform many other markets over a five-year period. “Of all the regions in the world, Asia is still the most attractive by far,” he said.

Faber, who said he’s adding to his gold investments, advised buying the precious metal at the start of its eight-year rally, when it traded for less than US$300 an ounce. The metal topped $US1,000 last year and traded today at $956.40 an ounce at 12.50pm New York time.








Monday, May 25, 2009

Dr Gloom: Paper Money Will Become Worthless

Hold onto gold as paper money will become worthless in the future, warns Marc Faber, editor & publisher of The Gloom, Boom and Doom Report. CNBC's Martin Soong & Sri Jegarajah ask Faber how he is gaining exposure to the precious metal.

Future of Asia's Mining Industry

Mongolia's opposition Democratic Party has claimed the victory in the country's presidential race. Marc Faber, editor & publisher of the Gloom, Boom and Doom Report discusses how this will impact the mining industry there, with CNBC's Martin Soong & Sri Jegarajah.

Nikkei to Rally to 14,000

Naomi Fink, Japan strategist at Bank of Tokyo Mitsubishi, and Marc Faber, editor & publisher of The Gloom, Boom & Doom Report, expect the Nikkei to rally to 14,000 and 15,000 in 2010 respectively. They discuss their bullish outlook for Japan, with CNBC's Martin Soong.

Time to Invest in South Korea says Marc Faber


Now is the time to go into the South Korean market as it will not hit new lows, says Marc Faber, editor & publisher of The Gloom, Boom & Doom Report. He discusses investment opportunities there with CNBC's Martin Soong

Marc Faber I am never sure about the Future

Market Correction Will Unfold


Marc Faber, editor and publisher of The Gloom, Boom & Doom Report, says the overbought market will correct but he is uncertain about the magnitude of the correction. He speaks to Sean Callow of Westpac Bank, CNBC's Martin Soong & Sri Jegarajah.

The Economy is Horrible The Stock Market is Horrible watch the Dollar

The Economy is Horrible The Stock Market is Horrible watch the Dollar
Marc Faber today on CNBC Asia :


The U.S. dollar weakened broadly last week and whether that selling pattern will continue into this holiday-shortened week will be worth watching, says Sean Callow, senior currency strategist at Westpac Bank. He talks to Marc Faber of The Gloom, Boom & Doom Report, CNBC's Martin Soong & Sri Jegarajah.

Saturday, May 23, 2009

Marc Faber been interviewed by Max Keiser on his new On The Edge transmission from Paris

The US is like a third world country with a financial oligarchy said Max Keiser , the US is a banana Republic replied Marc Faber the TARP money was almost all lost ...no one is quite sure where the 350 billion dollars have gone ...The regime in the US is bankrupting the country without any accountability said Marc Faber , he added the importance of the US dollar will diminish but the replacement of the US as a world's reserve currency won't happen over night ...Max Keiser called it the Dollar Euthanasia

Marc Faber on Gold and Silver China Asia Commodities and the Future of world's economy

Marc Faber on Gold and Silver China Asia Commodities and the Future of world's economy The Faith of the US dollar
and Mister Ben Bernanke the money Printer

Friday, May 22, 2009

Marc Faber on Gold Seek Radio this May 22

Marc Faber on GSR this Friday talking about the gold rush the hyperinflation how to save your portfolio by investing in precious metals and foreign commodities ...and the US dollar dropping to the floor in a short term

Thursday, May 21, 2009

Marc Faber In Thailand we grow good stuff that makes you very happy!!!

2009.03.16
Marc Faber when asked about investing in farmland said that he has a farmland in New Zealand and there they don't grow hashish obviousely , but in northern Thailand they grow good stuff, that makes you very happy...!!!

Wednesday, May 20, 2009

Prepare for War, the Death of capitalism and Bankruptcy of the US Government said Marc Faber


Marc Faber forecasts Economic Armageddon , the author of "The Gloom, Boom & Doom Report" foresees a litany of unpleasant events ahead , living up to his reputation for bearishness .
His key message is: buy real assets. He thinks it will take years for the global economy to recover, but when it does the effect of governments' printing money will ultimately reignite inflation.

"If you're in any field, you should own a farm because one day you will be grateful that you are able to grow your own agricultural produce."

Recovery will be slow because government meddling in the markets will postpone it. He argues that the final low for markets and for growth will only come when the debt and losses have been cleaned out of the system.

Unless the system is cleaned out of losses, "the way communism collapsed, capitalism will collapse."

"The best way to deal with any economic problem is to let the market work it through."

The Fed is destabilizing, it's creating "enormous volatility".

Marc thinks the yields in government bonds bottomed out in December 2008 – rather than lend money to the US government he suggests buying a portfolio of large, quality blue chip stocks. They will grow and survive – and reposition to take advantage of the rising importance of the emerging economies.

"I think we are living through a major transition in the world… the economic bloc of emerging countries will be more meaningful than before."

"I think that in Asia we have lots of sectors that are quite attractive. The banks, they don't have the toxic assets that we have in the rest of the world."

While not an optimist on the Chinese economy near term – Marc likes Asian currencies, and banks ex-Japan. He also thinks the real estate markets are improving. Both Russia and Turkey get a positive mention.

In Faber's world the US dollar will weaken, and the Yuan and commodity currencies like the Aussie dollar will appreciate.

Isn't there anything in the US he likes?

With just the slightest hint of irony (check gun sales numbers!) – Marc points to gun and ammunition makers. Prison builders also face better prospects he says – after all where will they put all the politicians!

Given the apparently extreme nature of Marc's calls, the question he poses in his May newsletter gives an interesting insight into his complicated mind.

Apparently he was asked by an Executive Director at Goldman Sachs how he remained so optimistic about life...

He writes in response:

"(he)...saw me smoking and thought that I should have already gone to hell (even under the 'Black Swan Theory', Heaven isn't an option), or because I ride fast motorbikes in Thailand (where there are no traffic rules), drink, and go out in the early hours of the morning? Or was it...my philosophy on life...to enjoy life even in the darkest times and most horrible situations..."

Read entire article from CNBC


Central banks will print money like there's no tomorrow


Capitalism Could Fail Like Communism said Marc Faber

"A sustainable recovery will occur only when the corporate system will be cleaned of losses and capitalism risks collapsing if this does not happen " said Marc Faber, the author of "The Gloom, Boom & Doom Report said . "The central banks will continue to print money at full speed, but long-term this strategy will lead to a fall in purchasing power and living standards, especially in developed countries , The years 2006 and 2007 were "the peak of prosperity" and the world economy is not likely to return soon to that level, Faber added , "I think the final low in markets will occur when the system is cleaned out," Dr Doom added "economic problem is to let the market work it through."
"The US government for sure will go bust. That I guarantee you. Not tomorrow, but it will go bust," he added.
"I think this is the beginning of a long-term bear market. And I think the government will have to keep interest rates artificially low because deficits will be too high," Faber said.
"People said fundamentals are bad and markets are going up for no reason. But money printing is a reason," he said
"The worse the statistics will be, the more money will be printed. Believe me, globally all the central banks will print money like there's no tomorrow." He concluded

Tuesday, May 19, 2009

Hedge Funds Making Big Bets on Gold





By Joseph Checkler
Of DOW JONES NEWSWIRES

NEW YORK -(Dow Jones)- Hedge fund firms Paulson & Co. and Lone Pine Capital made big bets on gold during the first quarter, becoming the No. 1 and No. 2 shareholders, respectively, in the SPDR Gold Trust (GLD) exchange-traded fund, according to regulatory filings.

Paulson & Co. - run by John Paulson, who had already been beefing up his exposure to gold companies - bought 31.5 million shares of the ETF during the first quarter, according to its mandatory end-of-first-quarter holdings report with the Securities and Exchange Commission. That stake would be worth more than $2.8 billion if Paulson still holds all those shares at present.

Stephen Mandel's Lone Pine bought 26.5 million shares of the ETF, which would be worth $2.4 billion if it still holds those shares. Lone Pine didn't immediately return a message seeking comment.

Many hedge fund managers have been increasing their gold investments lately. More than 28% of the SPDR Gold Trust ETF's outstanding stock was owned by hedge funds as of the end of the first quarter, according to Factset Research Systems.

The increased bets on gold come as the price of the yellow metal have remained high, above $900 an ounce. Funds also see hard assets as insurance against further turmoil in the financial system, including a decline in the value of paper currency.

Read entire article

Sunday, May 17, 2009

Governments Are Monetizing The Debt. They Are Printing Money


The Fed printing presses are turning at full speed as the government is monetizing the debt by printing more money said Marc Faber yesterday . "from 2002 to 2007 We had this huge bull market in asset prices, during which everything went up. Commodities, equities, real estate worldwide , even bond prices and art.

Then came the big awakening, credit growth began to slow down and in 2008 everything collapsed except for bonds and the US Dollar, because global liquidity was shrinking and that was dollar supportive. And then we had the beginning of the recession at the end of 2007 and the global economy fell off a cliff between September of 2008 and March of 2009.

I think the rate of deceleration is now diminishing, we still have bad news, the global economy will not recover in a long time but it is not going to deteriorate much more. And we have a huge effort by governments worldwide to create fiscal deficits, in other words to print money. For that reason even if the world economy does not recover you will have a strong recovery in asset prices."

Friday, May 15, 2009

Asian Banks are Non-Toxic

Asian banks don't have the same problems with toxic assets that are affecting Western markets, says Marc Faber, editor & publisher of 'The Gloom, Boom & Doom report, he was interviewed this morning by CNBC. Faber and Bob Parker from Credit Suisse discuss their investment strategies and how can you save your assets and saving in a hyperinflation scenario and a probable dollar collapse ....Marc Faber says that Asia has still many attractive sectors and its banks are sound unlike the West...good investmenst opportunities also in Turkish funds and Russia according to Marc Faber ....
Marc Faber says that his investment strategy is based of the fact that we are going to have a hyperinflation in the next 10 years much worse than anybody can expect , so you have to buy assets , cheap assets NOW before the tsunami hits ...the mining sector is a good investment opportunity

No Global Recovery 'Anytime Soon': Dr. Doom

After GDP data showed countries within Europe contracted again in the first quarter, Marc Faber, author & publisher of 'The Gloom, Boom & Doom Report, doesn't see the global economy recovering "anytime soon." Bob Parker from Credit Suisse joins the discussion and says that German economy is collapsing dragging with it the whole Euro zone , German economy which is the second exporter in the world after china , has hit a brick wall with 20% contraction in its export

Food is the new oil - Agricultural commodities will boom


Agricultural commodities offer great opportunity
Going against the grain may be costly. Investing in agriculture today will be like investing in oil in 2001 to 2002 when oil prices halved to US$17 per barrel says Marc Faber editor of The Gloom, Boom & Doom Report. Agricultural commodities fell by half from June 2008 highs, but fundamentals remain strong says Faber.

Faber points to a weak build in agricultural stocks (supplies) during the bumper harvest year of 2008. Low stocks, declining productivity, and increased demand persist from a long term perspective says Faber and will drive prices higher. Population growth is rising until 2030 and will have produced an additional billion mouths to feed between 2000 and 2012 alone.
Read entire article

Thursday, May 14, 2009

The Only way to keep your money in the USA is by spending it on prostitutes and beer These are the only 2 products still produced in the USA











really funny :

Dr. Marc Faber concluded his monthly bulletin (June 2008) with the
following:

' 'The federal government is sending each of us a $600 rebate.
If we spend that money at Wal-Mart, the money goes to China.
If we spend it on gasoline it goes to the Arabs.
If we buy a computer it will go to India.
If we purchase fruit and vegetables it will go to Mexico, Honduras and Guatemala.
If we purchase a good car it will go to Germany.
If we purchase useless crap it will go to Taiwan
and none of it will help the American economy.
The only way to keep that money here at home is to spend it on prostitutes and beer, since these are the only products still produced in US. I've been doing my part.'
Marc Faber

Wednesday, May 13, 2009

Marc Faber expects demand for stocks, commodities and gold to rise

Marc Faber a commodities super boom is inevitable , with high risks of Hyperinflation as Mister Bernanke is running the printing press at full speed , What's going on in the stock market is temporary
Marc Faber expects demand for stocks, commodities and gold to rise as the increase in global money supply spurs inflation
Marc Faber is The author and publisher of the Gloom, Boom and Doom report
he is also is an international investor known for his uncanny predictions of the stock market and futures markets around the world. Dr. Doom also trades currencies and commodity futures like Gold and Oil.

Marc Faber : Invest in Agricultural commodities


May 13, 2009
Agricultural commodities offer investment opportunity, says Marc Faber

Going against the grain may be costly. Investing in agriculture today will be like investing in oil in 2001 to 2002 when oil prices halved to US$17 per barrel says Marc Faber editor of The Gloom, Boom & Doom Report. Agricultural commodities fell by half from June 2008 highs, but fundamentals remain strong says Faber.

Faber points to a weak build in agricultural stocks (supplies) during the bumper harvest year of 2008. Low stocks, declining productivity, and increased demand persist from a long term perspective, says Faber, and will drive prices higher. Population growth is rising until 2030 and will have produced an additional billion mouths to feed between 2000 and 2012 alone.


Read the whole article


Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world. Dr. Doom also trades currencies and commodity futures like Gold and Oil.


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.