Own Commodities not derivatives at Citigroup Marc Faber

Commodities will continue to be hot

in both a recession or a recovery scenarios commodities are the best place to be , many of the traders are trying to jump on the wagon of a believed soon recovery by speculating heavenly on commodities and energy sector , many investors think the economy has bottomed and are buying equities and commodities in order not to miss the boom this time They're trying to anticipate the exit out of the recession to beat the crowds and set up their long positions , China while trying to get rid of some of its US$2-trillion of currency reserves is buying huge amounts of commodities around the globe as a results the price of some commodities have almost doubled , in particular Copper which had 76 percent rally this year but may soon end on signs that China has stockpiled more than it can use in new homes, cars and appliances for the next decade .
In a presentation at the Prospectors and Developers Conference in Toronto back in March, Dr Doom Marc Faber summed up very elegantly by saying : "You want to own commodities in the ground, not derivatives at Citigroup."

The Next Bubble Can Be In Equities Marc Faber

"There is a bubble that the FED and the government are creating right now and this is a bubble in government debt, in the size of it. They are being very successful at that.

Eventually the US Government will go bankrupt the way California is almost bankrupt, but that will take some time. The next bubble in my opinion can be a bubble again in equities." Marc Faber told Bloomberg TV early this week
Marc Faber was also a speaker at The Agora Financial Investment Symposium in Vancouver and had an hour long interview with CNBC Asia here are some of the quotes from Marc Faber :
The world has not seen the end of the financial crisis and the recent surge in markets was a result of excess liquidity coming from central banks, Marc Faber told CNBC in an interview.

"If you pump money into the system and you create large fiscal deficits, you create volatility," Faber, author of the Gloom, Boom and Doom Report, told CNBC in remarks reported on its website.

"We've seen an intermediate low in March, we'll rally for a year or so or maybe 18 months -- the ultimate crisis will happen much later, and the ultimate crisis would clean the system," he added.

Faber, who did not forecast a precise time for that crisis, told CNBC that firing half the government workers in the world would be one way of dealing with the crisis.

"If you shift government activity to the private sector the economy becomes more dynamic," Faber said. (Reporting by Ajay Kamalakaran in Bangalore)

We haven't seen the last of the crisis despite all talk about green shoots, and the surge in markets was caused by nothing more than the excess liquidity coming from central banks, Marc Faber, author of the Gloom, Boom and Doom Report, told CNBC Friday.

"If you pump money into the system and you create large fiscal deficits, you create volatility," Faber said.
"We've seen an intermediate low in March, we'll rally for a year or so or maybe 18 months… the ultimate crisis will happen much later, and the ultimate crisis would clean the system," he added.

Asked when this would be, he said he could not forecast a precise timing: "it may be 5 years time, 10 years time, but that's not the last crisis."

There are two opposing views, those who believe deflation is the big danger, with asset prices and demand collapsing, and those who think the biggest risk is inflation and a weak dollar, Faber said.
"In general in a crisis such as we have today where there is a deficiency of demand and huge overcapacity under normal conditions you would have deflation… now comes in the government and creates these huge deficits," he added as an explanation for his belonging to the "inflationists" camp.

"Already you have money-printers Mr. Bernanke and Mervyn King… we have never had this experiment in the history of mankind, all governments throwing money at the system," Faber said.

One way of dealing with the crisis would be to fire half the government workers in the world, "because if you shift government activity to the private sector the economy becomes more dynamic," he said.

"It's a transition time that is maybe painful. Why does California have these problems? It's not that there are too many teachers in California but the education department is very bloated," Faber added.

This Crisis has brought more entangling between Wall Street The Treasury and the Federal Reserve Marc Faber

The final crisis may only happen in five years time : Marc Faber

Your portfolio has come up a bit would you be confident the crisis is actually over as some governments pretend that we have seen the end of the tunnel : Marc Faber the editor and publisher of the Gloom, Boom and Doom Report from Vancouver where he was a key speaker at the Agora Financial Investment Symposium this 21 July says " I think the various coordinated fiscal and monetary measures around the world they stabilized the economy , and after having collapsed between September of last year and march of this year we can have a rebound in economic activity , but I mean if you look at Caterpilla actually revenues are contracting and earnings were better because they fired a lot of staff they laid off 35 000 people but if you think about it the laid off people are actually the customers of somebody else , so I think that the economy is going to rebound somewhat and probably will have another dip and the final crisis may only happen in five years time because do not forget this crisis and the crisis essentially should solve the problems and clean the system , this crisis so far has actually aggravated the system and has brought about more entangling between Wall Street The Treasury and the Federal Reserve , and a lot of misguided practices that are detrimental to the health of the economy " You should own foreign shares partly resources stocks and partly shares in Asia and I would own some physical Gold silver and platinum said Marc Faber

Marc Faber Inflation vs Deflation and A Worldwide Bubble in Everything

Marc Faber at the Agora Symposium on HoweStreet in Vancouver BC Canada this July .Dr Doom says "the media under the influence of some Harvard professor and the Federal Reserve they paint deflation as bad and inflation as good and so forth ...when in fact the US begun the whole 19 century with 4 million people they ended the 1900 with 80 million population and we had the entire and we had the entire industrialization growth in real terms between 1800 and 1900 much higher than it was been in the last one hundred years , the wages were flat and the prices went down it is the reverse of what we have today , where an average American wage is having trouble keeping up with the everyday increasing prices not the Goldman Sachs wages of course ... what brought is in this trouble was the bubble itself...the purpose of every crisis is to clean the system The final crisis is still to come where the whole system will collapse and the whole system will be cleaned of corrupt politicians and wrong policy makers....

Marc Faber Money printing, debt growth and deficits don't create prosperity

Speaking to the 10th Annual Agora Financial Investment Symposium in Vancouver this week, Marc Faber said: “You cannot create prosperity through money printing and debt growth.”

Faber preached an idea that became the theme of the event: Government fiscal and monetary intervention, “can postpone, but not prevent crisis.

“I believe next year’s economy will face even larger deficits. Their deficit is attempting to stimulate credit growth. Unless real credit growth returns, they will have to put more and more money into the system to maintain the status quo. All polices target consumption. That is a mistake,” Faber said.

So what’s this mean for the market? “The S&P 500 will not recover to 2007 highs. At the peak, 44% of the S&P was the financial sector. That is gone… not coming back.”

“In the period, 2001–2007, the Fed managed to do something that had never before been done – create a worldwide bubble in just about everything. Stocks, bonds, art, oil, housing – you name it; it went up. The only thing that didn’t go up was the dollar,” Faber said.

Read the full article :

Marc Faber One way of dealing with the crisis would be to fire half the government workers in the world

The world has not seen the end of the financial crisis and the recent surge in markets was a result of excess liquidity coming from central banks, Marc Faber told CNBC in an interview.

"If you pump money into the system and you create large fiscal deficits, you create volatility," Faber, author of the Gloom, Boom and Doom Report, told CNBC in remarks reported on its website.

"We've seen an intermediate low in March, we'll rally for a year or so or maybe 18 months -- the ultimate crisis will happen much later, and the ultimate crisis would clean the system," he added.

Faber, who did not forecast a precise time for that crisis, told CNBC that firing half the government workers in the world would be one way of dealing with the crisis.

"If you shift government activity to the private sector the economy becomes more dynamic," Faber said. (Reporting by Ajay Kamalakaran in Bangalore)

We haven't seen the last of the crisis despite all talk about green shoots, and the surge in markets was caused by nothing more than the excess liquidity coming from central banks, Marc Faber, author of the Gloom, Boom and Doom Report, told CNBC Friday.

"If you pump money into the system and you create large fiscal deficits, you create volatility," Faber said.
"We've seen an intermediate low in March, we'll rally for a year or so or maybe 18 months… the ultimate crisis will happen much later, and the ultimate crisis would clean the system," he added.

Asked when this would be, he said he could not forecast a precise timing: "it may be 5 years time, 10 years time, but that's not the last crisis."

There are two opposing views, those who believe deflation is the big danger, with asset prices and demand collapsing, and those who think the biggest risk is inflation and a weak dollar, Faber said.
"In general in a crisis such as we have today where there is a deficiency of demand and huge overcapacity under normal conditions you would have deflation… now comes in the government and creates these huge deficits," he added as an explanation for his belonging to the "inflationists" camp.

"Already you have money-printers Mr. Bernanke and Mervyn King… we have never had this experiment in the history of mankind, all governments throwing money at the system," Faber said.

One way of dealing with the crisis would be to fire half the government workers in the world, "because if you shift government activity to the private sector the economy becomes more dynamic," he said.

"It's a transition time that is maybe painful. Why does California have these problems? It's not that there are too many teachers in California but the education department is very bloated," Faber added.

The US stock market is strong but the currency is weak Marc Faber

during his last interview with CNBC Dr doom Marc Faber said he sees a huge breakout from the narrow trading range soon. “I think the summer is shaping up nicely. The grave is out, we had a huge rally. We now have a narrow trading range but we will get a big breakout.” He then said that the S&P could reach 970-1020.

“I have turned kind of neutral recently because I think we are at that trading range. The big move, a huge move is coming in the dollar, bonds and in equities. But I am not yet sure clearly on what side it will be.”

“I think a big move is coming. But I would like to see really what will trigger the move.”

“The US stock market is strong but the currency is weak; this signals tightening of global liquidity.”

Marc Faber Choose REITs Over Cash and Bonds

The Governments wants you to lose money on Cash by keeping interest rates artificially too low

Marc Faber says that he owns quite a lot of REITs here in Singapore and Honk Kong , I think the dividend will be cut , but let's say compared to cash or bonds , Cash is made undesirable by the government in the sense that not only they do not pay you almost nothing for your deposits but also the fees in the banks are so high that's essentially the goal of the government to make you lose money on cash and force you to speculate that was the policy after 2001 by keeping interest rates artificially low and we know now what the result was , so the big crisis is yet to come in my opinion says Marc , but say you buy REITs here , even if they cut the dividend by 50% you will still have a higher yield than cash deposit and you have an asset and that asset in my opinion over time will appreciate , because the worse the economy becomes the more governments will print and some people will say well the output cap will prevent inflation from occurring ! you know what the output cap in Zimbabwe is 99% below potential GDP and where do you have the highest inflation ? in Zimbabwe of course ....so basically strong economies have low inflation because usually they have fiscal surpluses and there is no need for the governments to pile in on fiscal deficits and to print money , the weakest economies in the world have always had the highest inflation rates....

Marc Faber, editor & publisher of the Gloom, Boom and Doom Report prefers Singapore and Hong Kong REITs to cash and bonds. He explains why investment rationale to CNBC's Martin Soong.

Marc Faber S&P are too expensive

Dr Doom had an interview with Arabianmoney.net on the margins of the Agora Financial ‘Decade of Reckoning’ conference in Vancouver, Canada which is scheduled to kick off today . Legendary Swiss investment adviser Dr Marc Faber told Arabianmoney.net that the S&P was looking overvalued and was vulnerable to a correction

In a powerful presentation Dr Faber blamed low interest rates at the US Federal reserve for the bubbles recently created in all major asset global classes, except in Zimbabwe. But now the reversal had brought asset price destruction across the world.

Marc Faber is the editor and publisher of The Gloom Boom & Doom Report

Read the whole Interview here :

Marc Faber speaker at The Agora Financial Investment Symposium in Vancouver

Marc Faber is going to be one of the keynote speakers at the coming Agora Financial Investment Symposium which will be held from This July 21st to July 24th in the city of Vancouver British Columbia Canada at the Historic Fairmont Hotel . This year marks the 10th Anniversary of the Agora Financial Investment Symposium.
Besides Dr. Marc Faber there will be The candid and brilliant Dennis Gartman, creator of The Gartman Letter. Famed international best-selling authors Agora Financial Executive Publisher, Addison Wiggin, and Agora Inc. founder and president, Bill Bonner. Plus, one of the Symposium’s most popular speakers, Rick Rule. Marc Faber is the editor and publisher of The Gloom Boom & Doom Report

Marc Faber China had an over investment Bubble

Marc Faber cautious about China's official growth figures

the Chinese markets are up 70% this year , is the Chinese stimulus working ?
Marc Faber answers by saying the Chinese government is one of the few governments in the world that knows the GDP numbers three years in advance , I will take the (official) 7.8% growth rate with a grain of salt " says Dr Doom "I think probably they are some sectors in china that are growing , but other sectors are not growing much or are still in recession like the export sector , I think growth is more likely 2% to 3% than 8% " "In the US we have a stimulus package that is not very healthy because it moves the economy to governments hands and whatever the government does it is not going to be as efficiently as the private sector , In China we also had a bubble it is an over investment bubble with over capacities and so forth and now we do not solve the problem we have created another bubble the bank lending , and the banks they lend the money out , it is impossible that they lend it out all wisely , some will go soar and so forth so I'll be a bit careful about China" concludes Marc Faber editor and publisher of the Gloom Boom and Doom report

Marc Faber 20 Percent Inflation Coming Soon

Marc Faber predicts Hyperinflation soon

Dr Doom editor and publisher of The Gloom, Boom & Doom economic report Marc Faber predicts we'll soon have inflation of 10 to 20 percent.
"The numbers will rise so fast because the government "massively" understates the country's inflation rate" Marc Faber said
Marc Faber puts in doubt the official inflation numbers "It's a lie what they publish," he told CNBC.

"If you underweight education costs, and if you underweigh health care costs, then you come to a totally different result," he added.
"Since the creation of the Federal Reserve Bank in 1913, the dollar has lost 95 percent of its purchasing power" Faber said.

“It took 100 years to lose 95 percent (but) I think the next 94-percent loss in purchasing power will happen very quickly,” he said.

Marc Faber Gold Price will explode

Another Crash May Be in the Works

Marc Faber says " well for me gold is not expensive for the simple reason that if you look at the quantity of money that's been created and the quantity of debt that has been created on the last 10 , 15 , 20 years and you look at the quantity of gold and how much the production of gold is annually , it is so tiny so I believe that essentially Gold one day will be much much higher or turn it around that the value of money will just sink , because if you increase the quantity of money it's purchasing power goes down and with all this discussion about deflation all I can say , i do not know how much old you are but prices in Singapore are much higher than twenty years ago , prices in Switzerland are much higher than 20 years ago prices in America everything is much higher than twenty years ago indeed the purchasing power of paper money has gone down "

The financial crisis we have just been through is really the aftershock from the dotcom bubble, says Giles Keating of Credit Suisse. He tells Marc Faber of the Gloom, Boom and Doom Report & CNBC's Martin Soong that another crash may be in the works.

Marc Faber Dropping Dollars from helicopters is not going to solve the problems

Marc Faber in Singapore US policies have contributed to the Recession

July 18 2009 : The Securities Investors Association of Singapore (SIAS) have organized a investment education fair to educate the man-in-the-street on the basics of investment in the wake of the global financial crisis , during the inaugural event among the top speakers was Dr Doom, Marc Faber, the editor and publisher of The Gloom, Boom & Doom economic report , he entertained the audience as he explained how US policies may have contributed to the current recession, He in particular explained that dropping US Dollar from a helicopter on the United States is the the way to solve the problems that caused the crisis ... The event attracted around 20,000 participant

Goldman Sachs huge profits in the crisis are not normal

Can Asian Stocks Make Even Bigger Gains?

Brace for a Rapid recovery or a new Collapse ? Marc Faber summed up the situation by saying for a while the markets may still run further but I think we had a crisis and nothing had been solved look how the system works the derivatives markets how banks operate the profits at Goldman Sachs , usually a major crisis like we had should clean the system , and nothing had been cleaned it's gotten worse , politically and these linkage between the politicians in America and the Federal reserves and the treasury department and Wall street and so on and so forth and the big crisis is yet to come , it will be huge , TOTAL COLLAPSE...
Giles Keating, global head of research at Credit Suisse likes Asian equities as he believes the big gains they've logged could go quite a lot further. Keating & Marc Faber of the Gloom, Boom and Doom Report share their views, with CNBC's Martin Soong.

Gold & Real Estate in Asia are Marc Faber 's Top Picks

Marc Faber recommends Health Care companies in Asia

Expect many more government stimulus packages and monetary injections, says Marc Faber, editor and publisher of the Gloom, Boom and Doom Report. He also tells CNBC's Martin Soong what sectors investors should look at in Asia.Asian markets made major lows last October November says Marc Faber and he does not think those lows will be broken , Marc Faber explains that you do not want to own a 30 years US government bond for the long run because he believes many more stimulus packages and many more monetary injections and that will lead to some inflation at some point , but what you want to own are assets , the Asian market is not yet saturated this is a huge advantage compared to Europe so a diversified portfolio in let's say Singapore will give you a dividend yield over the next ten years you will certainly make money out of these shares and these companies , in Asian market everybody can do well because the market is not saturated , In Europe if a company does well usually it is at the expense of someone else ..." "Marc Faber says he is a bog believer in Asia except japan that is doomed for decline , an investor with a global portfolio should have more exposure to Asia " Marc Faber likes besides Singapore shares Thai shares because Thailand have a big food industry and is competitive in sectors like tourism , Marc Faber top picks are Gold and Real Estate in Asia , Marc Faber likes Malaysian shares in top companies because they are stable businesses with a high dividend yield in sectors like food processing and healthcare companies Marc believes that in Asia the potential for healthcare is huge
Marc Faber ends by saying that he thinks that eventually the banking sector will recover thanks to the money given by the governments free of charge , even though the bankers dumb that they are would be able to make money thanks to the bailouts , but the next shoe to drop in the world will be commercial real estate credit cards defaults and a lot of loans wouldn't be repaid...

Marc Faber Hold Real estate Gold Silver land Hard Assets The Dollar will worthless one day

Marc Faber very bearish on the future of the dollar says that eventually it will be worthless someday between now and then we can have wide fluctuations and the other currencies may not be much better an Investor should have positions in physical gold and silver and hard assets like real estate land and some other commodities , Marc Faber said ...Marc advises his clients to have assets in real estates up to 80% of their portfolio , it will be unusual for a wealthy family to have all their investments in equities and bonds and no real estate because most of the wealthy people of this world except the new economy wealth like Google they made their money out of technology but if you look at the old wealthy families , most of them are wealthy because they had real estate , they are well to do because they did not do anything stupid with their money , they are well-to-do because they stayed tight to the real estate " "Real estate is a great way to preserve the wealth to your children in case they are not that money investment savvy" although land can be easily confiscated under certain regimes or after a war etc ...gold on the other hand is easily transportable and hidden in case of turmoils Marc Faber adds that "yes if you have your real estate spread out in for example Brazil Argentina , let's say you have real estate or equities here in Singapore and we have World War III , I think at the end of the war Singapore will still be here because it will stay relatively neutral and nobody has an interest to drop a bomb on top of Singapore simply because it's politically in the world's contest totally insignificant , so real estate here will be safe , also equities here you have world class companies in Singapore"

Marc Faber buy Intel and Singapore Shares

Marc Faber Bearish in the Long Term

dr Doom Marc Faber, editor and publisher of the Gloom, Boom and Doom Report is not a bear in the near-term, but in the long-term. He tells Martin Sorrell, CEO of WPP and CNBC's Martin Soong that he is negative on the dollar in the long run , he expects inflation wars the collapse of the dollar rise in commodities gold and silver and Asian stocks ...Marc Faber recommends buying a basket of Singapore shares and Intel shares

Marc Faber Governments Should Be Fired

Marc Faber there will be war and hyperinflation

Marc Faber, editor and publisher of the Gloom, Boom and Doom Report today from Thailand explains why he is not a bear in the near term , Marc Faber says something very unusual happened around the beginning of June , on June third the Canadian dollar picked out the Australian Dollar picked out and The Gold was at $990 on June 10th the yield on the US Bonds 10 years and 30 years picked out , and on June 11th the S&P picked out , Marc Faber thinks deficit spending is the wrong way for governments to go and that they should be fired. Martin Sorrell, CEO of WPP, disagrees. CNBC's Martin Soong joins the debate.

Marc Faber the Next Stimulus Package is going to be even worse

Marc Faber Dr Doom author of Gloom Boom and Doom Report and famous global investor from Thailand answers the question if he thinks that the US could avoid the Zimbabwe like high inflation scenario he warned about few weeks before he said " no I do not think so for a variety of reasons , first of all I understand the arguments of the deflationists , they argue that because the economy is weak there will be no inflationary pressures , my argument is this , yes if the economy is weak , in theory there shouldn't be any inflationary pressures unless the government intervenes and creates large fiscal deficit and monetizes these deficit and as a result of that the government debt increases , now the more the deflationists will be right in the near term in other words if they predict that the S&P will drop to 500 and that the whole global economy collapses in a deflationary spiral then the deficit will actually expand more and more , and also what you would have is more and more monetization because that's the policy of central bankers that they have shown in the past and Mr Bernanke has written about this and he has given speeches about this , so what then happens is government debt explodes , now take the case that one day in the future that can be in 3 , 5 , 10 years whatever it is the economy recovers and interest rates should go up because of inflationary pressures The Federal reserve will be very reluctant to increase interest rates because in the meantime the government debt will be that large and interest payments on government debt which today are slightly below 500 billion dollars annually in the United States could easily double to a trillion dollar annually and so you get into a debt spiral that is very difficult to solve and The Federal Reserve by keeping their interest rates artificially low would lead to more and more inflation there is another problem for the US and that is besides from the existing fiscal deficit health care expenditures will soar very dramatically especially in the next 8 years because of the aging of the population , it takes much more money to take care of someone who is 70 years old than of someone who is 20 years old , and so these expenditures will balloon and I just do not see how the US will solve its debt problem " "The Chinese should dump the treasuries as long as they can " following topics discussed are cap and trade hyperinflation China Asia second stimulus real estate deficits and the Federal Reserve..."the way the Federal Reserve calculates inflation is highly questionable" said Marc Faber..."America has lost high quality jobs in manufacturing to hamburger flippers and people that works in retail stores and fast food shops and health care workers not scientists in health care but just nurses and so forth""The whole economic expansion driven by a bubble in America has been a total disaster"

A last hurrah for T-bonds Marc faber

A 'last hurrah' for government bonds

Whether March marked a true low for stocks isn't clear, but "the asset market that has the highest probability of having made a secular high is the US long-term government bond market", says Marc Faber in the Gloom Boom and Doom Report.

Full Story:

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Even under the Gold Standard you can have Bubbles Marc Faber

Marc Faber Interviewed by McAlvany The case for Inflation or Deflation:

Marc Faber was interviewed by The McAlvany Weekly Commentary on July 8, 2009 the topics discussed are unemployment, deflation, inflation bailout , monetization of the treasuries Goldman Sachs lost software The FED global economics bubbles Greenspan Central banks , The FED new proposed powers and financial markets.
"The Feds are worse than the Mafia" Marc Faber was quoted from last year!!!
Marc Faber says "Well basically there is this debate whether the US will experience, in the next 5 to 10 years, high inflation rates or whether it will go with deflation. I just like to say that both parties may be right. We may first have deflation, and then inflation,so somebody will go and say see I told you so and then 2 , 3 years later he will be wrong it is like If someone said in 1998 the NASDAQ is a bubble so for two years he was wrong but after he was said right on the mark , and sometimes it is difficult to predict these things ""even under the gold standard you can have bubbles " "we had many bubbles in the 19th century when we did not have any inflation at all such as the canal boom , the railroad boom then different real estate boom, but the point is usually when you have a bubble it is a bubble in one sector and at the same time some other sector deflates see the Japanese stock market in 89 was accompanied by deflation in commodity prices which have picked out in 1980"

"what Greenspan and his assistant Ben Bernanke created is a bubble in everything " "I also want to point out that it is a big fallacy to believe that in weak economies you have deflation and in strong economies you have inflation. The opposite is true, because if my country is growing strongly, i can keep money tight and I can have budget deficits which are basically containing price increases across the board. But when the economy is weak like in Latin America after 1981 when the Petro Dollar crisis happened, the response of government is to create fiscal deficits, in other words, they increase government spending. Most of it is usually wasted anyway and at the same time you have easy monetary policies. The two is a recipe for a price increase somewhere in the system."
" Let’s put it this way. I think when you observe markets you have to look for symptoms of developing trends, the markets speak usually…Look at the price of gold. Currencies worldwide have depreciated against s the price of gold. So there has been a loss of purchasing power of the currencies."
"I think what we have to watch very closely is the position of the US dollar. It’s not that the weak US Dollar creates inflation. It’s that inflation creates a weak dollar. And, if you see the dollar weakening considerably, in particular against precious metals or against relatively strong currencies like the Asian currencies. I think that would be a signal that some inflation is coming back into the system."
On the other hand, if the dollar is strong as it was in 2008 - in 2008 all asset prices went down for the exception of US government bonds and the US Dollar. In that case I would say that the threat of inflation is not very high, and that would more or less signal the theory of deflation."...etc...
The following embeded audio file may not work well in Internet Explorer if you do not have the proper encoders installed , It works well on Firefox ...I apologise for the inconvenience , you can always listen to this great interview directly from McAlvany website by Clicking here

Marc Faber on India's Powerfull Rally

Marc Faber on the Indian Market Tuesday, Jul 07, 2009
After the complete sell-off seen in the Indian market after the budget was announced, Tuesday was a day of some stability and a slight bounce back. NDTV speaks to one of the most influential voices in world markets,Dr Marc Faber Editor author and publisher of the Doom Gloom and Boom Report from Thailand to get his perspective on the Indian market

Marc Faber recommends Gold and Silver against the Dollar

Marc Faber recommends diversifying from dollar assets
Dr Doom Managing director of Marc Faber Ltd and author and publisher of Gloom Boom and Doom report speaks from Thailand about the global economy the unemployment and the possible dollar crash in the longer term , " it is conceivable that the US prints money but others central banks print even more money , so the dollar will stay strong against very weak currencies like the Zimbabwean dollar but will stay weak against hard assets like gold Silver platinum and palladium " Marc Faber said , The economy is flat on its back now after having falling from a cliff last year , there is not much improvement and not much decline at this point ...

Marc Faber confirmed as a keynote speaker at HICAP in Hong Kong this coming October

Marc Faber to Provide Keynote Address HICAP in Hong Kong

Marc Faber, Ph.D., investment advisor, fund manager, and investment broker / dealer, has been confirmed as a keynote speaker at HICAP in Hong Kong. The popular annual event is scheduled to take place October 14-16, 2009, at the InterContinental Hong Kong.

Dr. Faber publishes a widely read monthly investment newsletter “The Gloom Boom & Doom” report which highlights unusual investment opportunities. Faber is also the author of several books, including “Tomorrow’s Gold – Asia’s Age of Discovery” which was first published in 2002 and highlights future investment opportunities around the world. “Tomorrow’s Gold” was for several weeks on Amazon’s best seller list and has been translated into Japanese, Korean, Thai and German. Dr. Faber is also a regular contributor to several leading financial publications around the world.
Source

Marc Faber recommends Asian shares commodities and tourism stocks

Marc Faber recommends Asian stocks on Dips

Dr Marc Faber the author and editor of the gloom boom and doom report says investors should buy shares of asian markets including Japan though preferably on dips he more specifically recommends commodities and tourism stocks
Marc Faber recommends Asian stocks on Dips, commodity stocks and tourism stocks. (The Trade)

Tags:
NYSE:VWO NYSE:QID Business Economy Stock Market

Marc Faber Bearish in Markets Optimist in Life

Marc Faber the author and publisher of the gloom Boom and Doom report , he is also one of the leading world investors and forecasters , and despite his bearish forecasts throughout the past few years, he is very optimistic about life. CNBC quotes him regarding the keys to optimism:

"Marc concludes optimism comes from some simple but important principles:

The ability to adapt to change: whether economic, financial, personal or social.
Accept responsibility when things go wrong that are your fault, and don’t blame others.
And take comfort in the dynamism and drive of the human race. Marc points to Asia – where he has lived for several decades and witnessed the transformation of lifestyles."

Source:
Marc Faber on Armageddon

The Only Economy Booming is the Government Sector : Marc Faber

Marc Faber on a Czech TV :

This interview was done around March 2009 I post it for reference purposes , so relax everybody , I understand your frustration we all want to see Marc Faber in main stream media everyday , but this cannot happen ...
Industrial Production of Japan is 45% down , the exporting economies of Asia have been hit very hard ...
equity price home price commercial real estate commodity prices all have collapsed , totally imploded , we are still a long way to see a bottom to the decline , we have falling off the cliff , the only one hiring is the government , most private businesses are down 50% , the only booming economy is the government sector ,

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Duck Tales Inflation Lesson :

An episode of Duck Tales dealing with the negative consequences of inflation.
Inflation happens when the cost of goods and services in the marketplace all go up at once. There are two main types of inflation: Demand-pull inflation, and cost-push inflation. Demand-pull inflation happens when people's incomes rise, but the amount of goods and services in the marketplace remain the same. Because people have more money to spend, they are willing to pay more for goods and services. In other words, the total demand will go up, which will cause prices to rise. Demand-pull inflation instead has been described as "more money chasing the same amount of goods." Cost-push inflation happens when the cost of producing the item goes up. This means that the total supply for an item goes down, and again prices rise. the FED will certainly cause a Hyperinflation like that of Zimbabwe Argentina or Yugoslavia if it continues to flood the market place with paper money printed out of thin air and backed by nothing...
for more information visit www.mises.org
Tags:
ron paul inflation economics freedom liberty federal reserve counterfeit money banking government congress

The only way to keep money at home is to spend it on prostitutes and beer Marc Faber

Quote By Marc Faber
“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/software 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.” June 2008 by Marc Faber

Moonwalking With Marc Faber

Asian Investor magazine have written recently an article about Marc Faber entitled Moonwalking with Faber By Simon Osborne on July 2nd 2009 where Marc Faber shares his outlook at the AsianInvestor Korea Investment Forum that took place very recently in Seoul South Korea , Marc talks about his general view of the world economy , the hyperinflation the dollar gold and silver the Asian investments opportunities farmlands and even opportunities in health care and in Brazil
Read the article

Marc Faber on The Korea Times Gives Advice To Investors And Traders

Marc Faber Gives Advice To Investors And Traders
Dr Doom , the Well-known investment adviser Marc Faber was in South Korea recently, where he took time out to speak to Lee Hyo-sik of the The Korea Times (South Korea) about his short- and long-term outlook for the global economy and markets,
From the Korea Times :
In this interview with The Korea Times, Marc Faber, better known as Dr. Doom for his negative views on the global economy, said that to hedge against rising inflationary risks, long-term investors should In an interview with The Korea Times, Marc Faber, better known as Dr. Doom for his negative views on the global economy, said that to hedge against rising inflationary risks, long-term investors should buy stocks and gold bars, rather than hold onto cash., rather than hold onto cash.commodities, and currencies.Dr Faber projected the United States will go into hyperinflation similar to that of Zimbabwe,
"The U.S. central bank has structured and introduced policies without considering exponential credit growth and its consequences. I think the Federal Reserve is not independent and has become a mere political apparatus of the U.S. government. Keeping interest rates artificially low and printing money has and will cause an asset bubble,” Dr. Doom said
"People have been encouraged to borrow and speculate on stocks and other assets over the past year because they do not earn anything from putting money into bank deposits due to the record-low interest rate" he said. “It will again create an asset bubble and next time when it bursts, we will not be able to respond to it in the same manner as we can now.”
"The United States will not raise interest rates for many years to come because it needs to pay off its huge debts. With higher interest, its borrowing costs will go up, putting a heavier financial burden on the U.S. government. It means the interest rate will remain low and the U.S. will not be able to narrow fiscal deficits for many years. In turn, too much money in the economy will raise costs of everything, including healthcare and education, giving rise to hyperinflation,” Faber said.
He added that The U.S.-led hyperinflation will spread to the rest of the world, advising investors to put money into inflation-hedging assets, such as stocks and gold bars.
“Now, risks are too high, compared to expected returns. Investors should increase their cash positions. I would rather take a long vacation and wait until the market moves either upward or downward. Given a list of unfavorable factors, I bet on a market downturn. It won’t be too late for investors to act after the market sends visible signs of its direction,” he said.
Source The Korea Times

Marc Faber on the Asian Investor Korea Investment Forum.

Marc Faber was on the Asian Investor Investment Forum the past week in Seoul South Korea :
the exploding liquidity and the stimulus package will come at a price and that price is the debasement of the currency if not its total crash and of course a hyperinflation scenario that may hit in between 5 to 10 years from now

Markets may continue to climb, says Marc Faber, but if the dollar in your pocket is going to depreciate, it's a little consolation. In real terms, investment values may move backwards.

Marc Faber believes that the central bankers are moonlighting as money printers, and any man in the Fed who tries to oppose the presses, and put up interest rates to siphon the voluminous liquidity, is going to find himself jobless.

"The Fed's monetary policy has made things more volatile," he pointed out. "Had they not cut rates, financial institutions would have started deleveraging earlier, instead of continuing to build their balance sheets, prompted by the cheaper rates."

US debt to GDP is now at 37% and that doesn't include all its future promises and obligations, which could see it balloon to 600%. With $8 trillion in government debt, Marc Faber is convinced that it is an impossible for that monetary policy to be relaxed.

"Stocks will do better in the next decade, especially in Asia, given dividend yields, but not in real terms against currencies," he says. "If you borrow, then do it in US dollars."

Marc Faber sees opportunities in Asian healthcare, in banks in countries like Thailand (where he resides presently), tourism, and of course gold. On the property side, he recommends buying farmland just like Jim Rogers is saying , and to avoid condos in financial centres

Marc Faber sees great opportunities in Brazil

Dr Marc Faber, the author of Gloomboomdoom in his report of July 1st said he was very optimistic about Brazil and Latin America in general :
"The world has undergone profound changes over the last twenty to thirty years . places that were unlivable in the seventies and eighties have now become attractive cities and countries to live and to work in and are also attracting large foreign investments . many of my readers ask me where they should move to . i think that there are now a lots of countries including Brazil that offer great opportunities . i should add that Brazil and Latin America have survived the financial crisis relatively well "

Marc Faber predicted the 1987 stock market crash , he was spot on when he predicted last march that stocks will rally and that industrial metals will out perform gold , and that is exactly what happened , Marc Faber managing director and founder of Marc Faber Ltd is also better known as the editor and publisher of the Gloom Boom and Doom Report

Marc Faber Asia is going to be the winner after this crisis and America the loser

Marc Faber this crisis is a tremendous opportunity , Dr Marc Faber talks to SunGard at the Zurich City Day, 17 June 2009 .Asia is going to be the winner after this crisis and America the loser
, the government should let the weak fail and the strong take over this is the real capitalism , there should be no "too big to fails"