Marc Faber News Blog Investments and Trading Ideas - A Tracking Blog About Dr. Gloom Boom & Doom Marc Faber , Daily Tracking of Dr. Marc Faber Investment Strategy , Market analysis , Outlook & Media appearances
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.
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 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"
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
