The Capitalistic system will collapse Marc Faber

Wars massive government debt defaults impoverishment of large segments of Western society and Collapse of the Capitalistic system , that's the future seen by Dr Marc Faber

"The future will be a total disaster, with a collapse of our capitalistic system as we know it today, wars, massive government debt defaults and the impoverishment of large segments of Western society," Dr Doom Marc Faber wrote in the September issue of The Gloom, Boom & Doom Report.Marc Faber is very bearish on the US Dollar and has expressed in many occasions his concerns about the collapse of the dollar and rising Zimbabwe like hyperinflation in the US , but he is bullish on commodities emerging market stocks especially the Asian markets and of course precious metals gold and silver , Faber also expresses his concerns that a third World War could be very close as US is losing its position as superpower in front of an ever rising Asian bloc headed by China which could challenge America's super power title in the short term....










Tags: dollar recession depression decline US economy economic collapse crisis meltdown Bob Chapman Rand stck market gold silver Ron Paul Alex Jones Peter Schiff jim Rogers Max Keiser Marc Faber yahoo techticker www.Marcfaber.tk Peter Schiff Nouriel Roubini Ron Paul swine flu Jim Rogers US Government Obama Bankrupt Global Economic Collapse Treasury Bond Bubble The Gloom Boom and Doom Report 2009 Alex Jones Max Keiser Gerald Celente Economy collapse dollar crises finance stock market wall street bailout

Buy Stocks Because US Dollars Will Be Worthless

Faber ultra-bearish on the long-term fundamentals of the U.S. market bullish on mining and energy companies

Faber sees plenty of money-making opportunities in stocks. Sure, prices aren't as cheap as they were in March, yet he's confident, "in this environment cash will become worthless." As a result, he says investors are, "better off being in equities," for the next two to three years.

Faber is most bullish on mining and energy companies. He recommends:

* Newmont Mining and FreeportMcMoran as relative inexpensive. He also mentions Nova Gold, as another, more speculative buy.
* In a contrarian call, on natural gas, he says Chesapeake Energy will be a winner when prices eventually rebound.
* Oil giant ExxonMobil is another stock he thinks offer good value. Source TechTicker

Marc Faber at CLSA annual investors conference in Hong Kong

Marc Faber is scheduled to speak later this week at the CLSA's annual investors conference in Hong Kong together with Republican vice presidential candidate and former Alaska Governor Sarah Palin and BHP Billiton's former chief executive Chip Goodyear

Tags:
Marc Faber conference inflation china sara Palin Alaska Gerald Celente peter schiff Glenn Beck obama Jim Rogers Marc Faber Max keiser 911 Lou Dobbs Mexico border taxes Texas California mayors stimulus wisely civil unrest Fema Camps Illuminati new world order skull and bones bohemian grove bush bernanke Freemason

The government debt bubble is being inflated

In a recent interview with BNN, the contrarian analyst worried that governments seem to be throwing money at the system, through stimulus packages and monetary easing, with no thought of how to repay that money.

"Government debt will continue to increase as far as the eye can see because of the contingent liabilities that will kick in in five years time from Medicare and Medicaid and Social Security. So I think in the long run, we will have inflation," Marc Faber said.

Faber has suggested that when the economy begins to show signs of accelerating and the time comes for central banks to raise interest rates, they will be reluctant to do so. After all, who wants to be the one to take away the punch bowl at the spending party, turn on the lights, and tell everyone it's time to sober up and focus on the deficit?

Faber has even gone so far as to suggest the inflation problem could come on so quickly, it could lead to the kind of "hyperinflation" seen in Zimbabwe. There, after the government attempted to print new money to pay for its looming debt, the country found itself with an inflation rate at a mind-boggling 200 million per cent.

Source CTV Canada

Tags :
Marc Faber www.Marcfaber.tk Peter Schiff Nouriel Roubini Ron Paul swine flu Jim Rogers US Government Obama Bankrupt Global Economic Collapse Treasury Bond Bubble The Gloom Boom and Doom Report 2009 Alex Jones Max Keiser Gerald Celente Economy collapse dollar crises finance stock market wall street bailout Fraud Mortgage Bailouts Schemes Artifice to Defraud Countrywide MERS Fraud Bailout Peter Schiff Ron Paul Produce The Note Max Keiser CEO Bonuses Scheme mortgage conspiracy government toxic waste zombie banks Lehman brothers Goldman Sachs Bank of America Merill Lynch

We can have a booming stock market with an economic collapse

Zimbabwe was Best Performing Stock Market in 2007 when its GDP was collapsing and currency plummeting Marc Faber explained it elegantly by saying :
"The worse the economic conditions, the more stocks will go up!" Lateline interview on 26 August 2009.

If you want to watch the full Interview Click Here

Tags:
Tea party Peter Schiff morning Joe MSNBC Senate Race Chris Dodd CNN FOX CNBC Bloomberg aljazeera gerald celente warren buffett marc faber jim rogers gold silver dollar max keiser lou dobbs bob chapman alex jones david icke economy collapse stock market wall street
news amex american stock exchange closure traders economy technology Anti Big Gov Tax Rally In DC

Perma Bear or Doctor Doom The Crank Alternative by The Financial Times

Prime time for the ‘crank’ alternative

Phil Davis
Financial Times
Tuesday, Sept 15th, 2009

In the wake of the worst financial crisis in recent memory, is there an opportunity for unconventional schools of thought to force their way into the investing consciousness?

The investment industry is spotted with “cranks” – fund managers, brokers and advisers who distrust the whole structure of the economy and markets and believe that returns can only be made by exploiting the inherent flaws. (They are distinct from the large number of fund managers who adopt “contrarian” market views.)

Some of the “cranks” are given labels such as “perma bear” or “doctor doom” and include investors such as Marc Faber, the late Tony Dye and Nouriel Roubini. Others are simply ignored. Typically, they manage or advise modest amounts of assets and command a niche, but loyal, following. But in the US, in particular, there are some signs that the investment orthodoxy is starting to come under pressure from these outsiders following recent sharp losses in portfolios.

Peter Schiff, of Connecticut-based Euro Pacific Capital, an investment house credited with having predicted the meltdown of the housing and financial markets, is one of the voices bringing pressure to bear. Mr Schiff has become something of a celebrity in the US in recent months in the wake of a number of interviews he gave to CNBC and Fox News in 2006-7.

Source

Full article here

The stock market is strong in reaction to a weak dollar Bloomberg Sept 10

Weak Dollar also means strong Commodities and equities , this crisis was avoided by postponing it

You do not want to own US Treasury bonds and cash ...you print money people will go into commodities because the commodities supply cannot be increased at the same rate as the printing press increases the supply of money and credit ....."

Build your own custom video playlist at embedr.com

Marc Faber Says High US Deficit Will Spur Inflation

Marc Faber of the Gloom Boom and Doom report recently on Bloomberg and Goldseek Radio

Investor Marc Faber said government spending and low interest rates will keep the U.S. deficit “very high” and will spur inflation.

Interest rates will be kept “artificially low” and remain “near zero for a long time” in the U.S., Faber, the publisher of the Gloom, Boom & Doom report, said today in a presentation broadcast on the Internet. “The deficit will stay very high and that will create some kind of more inflation down the road.”

The Federal Reserve is likely to continue to “print money” in an effort to boost the U.S. economy, and that, combined with low interest rates, will spur weakness in the dollar, Faber said. U.S. President Barack Obama has pumped up the nation’s marketable debt to an unprecedented $6.94 trillion as he borrows to spur the world’s largest economy.

“Money printing will be unprecedented because the deficit will need to be financed,” Faber said. “The weaker the economy, the more the stock market will go up because the money that is being printed will go into” speculative assets.

Faber, who recommended buying U.S. stocks in October, before the biggest rally in more than 70 years, said investors should buy equities instead of bonds or holding cash.


Via LewRockwell Blog

Read the rest of the article

September 11, 2009

Build your own custom video playlist at embedr.com

The Gloom Boom Doom Report author Dr Marc Faber on Goldseek Radio this Sept 12 2009

Deflation will manifest itself in the collapse of commodity prices and a weak Dollar Marc Faber

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, MARC FABER LIMITED which acts as an investment advisor and fund manager.

Dr Faber publishes a widely read monthly investment newsletter "The Gloom Boom & Doom Report" report which highlights unusual investment opportunities, and is 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 is being translated into Japanese, Chinese, Korean, Thai and German. Dr. Faber is also a regular contributor to several leading financial publications around the world.

A book on Dr Faber, "RIDING THE MILLENNIAL STORM", by Nury Vittachi, was published in 1998.

A regular speaker at various investment seminars, Dr Faber is well known for his "contrarian" investment approach.

He is also associated with a variety of funds and is a member of the Board of Directors of numerous companies.

Build your own custom video playlist at embedr.com

Tags:
Jim Rogers Peter schiff swine flu asia china commodities Schiff Glenn beck Gerald Celente Marc Faber Nouriel Roubini George soros Dollar Amero euro currency Ron Paul Warren Marc Faber www.Marcfaber.tk Peter Schiff Nouriel Roubini Ron Paul swine flu Jim Rogers US Government Obama Bankrupt Global Economic Collapse Treasury Bond Bubble The Gloom Boom and Doom Report 2009 Alex Jones Max Keiser Gerald Celente Economy collapse dollar crises finance stock market wall street bailout

Stock Markets will Rise as the Dollar weakens Marc Faber

Marc Faber Sees Stock Markets Rising on Weakening Dollar: Audio

Sept. 10 (Bloomberg) -- Marc Faber, publisher of the Gloom, Boom and Doom Report, talks with Bloomberg's Pimm Fox about the global economy, equities and currency markets, and Federal Reserve monetary policy.

(Source: Bloomberg)

Dr. Marc Faber on the outlook for the global economy

Global Investing Outlook with Dr. Marc Faber and Frank Holmes 09 Sept 2009

Listen to Dr. Faber and U.S. Global Investors' CEO and chief investment officer, Frank Holmes, discuss the possibility of hyperinflation, the new role for gold and silver in a portfolio and where investors can find the best value in the world. Click on the link bellow to listen to Doctor Marc Faber speaking

Click Here to listen the 1 hour long Audio Webcast Use MS Media Player or VLC

Global investing outlook Marc Faber and Frank Holmes 09 Sept

Dr. Marc Faber of The GloomBoomDoom Report and U.S. Global Investors CEO and chief investment officer, Frank Holmes, discuss the possibility of hyperinflation, the new role for gold and silver in a portfolio and where investors can find the best value in the world.
the audio archive of this important webcast will be soon available Here :






Dr. Marc Faber : is the author publisher and editor of the Gloom, Boom and Doom Report and a world reknown investor. Dr Faber has been headquartered in Hong Kong for nearly 20 years, during which time he has specialised in Asian markets and advised major clients seeking down and out bargains with deep hidden value, unknown to the average investing public.Dr Faber is now living in Thailand

Faber recommends precious metals and Commodities to hedge against declines in the US Dollar

Equity prices could rise quite substantially id the dollar remains weak says Marc Faber

Faber told Bloomberg Sept 09
“If the dollar is weak, there is a very good chance that equity prices could rise quite substantially,” Faber said. A weaker dollar is “good for asset prices.”
“The dollar will continue to implode against commodities. I don’t

see why someone would hold dollars and not own gold. More and more people will come to the realization that they have to own some resources, some commodities, some mining companies and some physical precious metals.”
“I don’t think consumption will come back,” he said. “I don’t think there is much of a recovery. You have to differentiate between the stock market and economy activity.”

Source Bloomberg

Government spending and low interest rates will keep the US deficit High and will spur Inflation

Faber Says High U.S. Deficit Will Spur Inflation

By Elizabeth Campbell and Millie Munshi

Sept. 9 (Bloomberg) -- Investor Marc Faber said government spending and low interest rates will keep the U.S. deficit “very high” and will spur inflation.

Interest rates will be kept “artificially low” and remain “near zero for a long time” in the U.S., Faber, the publisher of the Gloom, Boom & Doom report, said today in a presentation broadcast on the Internet. “The deficit will stay very high and that will create some kind of more inflation down the road.”

The Federal Reserve is likely to continue to “print money” in an effort to boost the U.S. economy, and that, combined with low interest rates, will spur weakness in the dollar, Faber said. U.S. President Barack Obama has pumped up the nation’s marketable debt to an unprecedented $6.94 trillion as he borrows to spur the world’s largest economy.
“Money printing will be unprecedented because the deficit will need to be financed,” Faber said. “The weaker the economy, the more the stock market will go up because the money that is being printed will go into” speculative assets.
Read full article :

Deflation vs Inflation Marc Faber Quote

Marc Faber on Inflation vs Deflation

“Surely, it is academically interesting to discuss for hours whether we are in a ‘deflationary’ or ‘inflationary’ economic environment. The different views on this issue have become extremely polarized with the deflationists maintaining that equities and commodities will collapse and that government bonds will rally. The believers in higher future inflation rates on the other hand argue that large fiscal deficits and expansionary monetary policies will boost selected asset prices and eventually flow into rising consumer prices and lead to higher interest rates. But, as I have tried to show by comparing oil with natural gas prices, in an economic system some prices may be rising, while others decline. This process is continuous and particularly evident in the price movements of various asset classes when there are massive excess capacities, which constrain new capital investments, and zero interest rates, which force cash holders to ‘speculate’ in one, or the other, asset class.”

Now you need a machine gun Marc Faber

Marc Faber on Lateline

Marc Faber : "having faith in the US administration? I wonder WHO on Earth would have faith in the US administration. Certainly, not someone who thinks!"
"Ben Bernanke is like a ship captain , he has warning signs he sails the ship , the storm is coming , he disregards any warning signals , he disregards the storm signals , he sinks the ship thousands passengers drown , he saves the crew in his control tower 5 officers and himself in a life boat , then he gets the medal for bravery for saving 5 people , that's wall street the 5 people , the rest of the country is basically bankrupt " "It's a total joke "
"whoever would have been appointed would have been Obama's puppet , there is no better choice "
"now you need a machine gun!"
"It's very difficult for me to make any forecasts out 9-12 months myself, because I have to see to what lengths the government and Fed will continue to go. My assumption is there is nothing that will stop them - they don't have to face voters until August 2010 recess so the piggy bank is their oyster for the next 11 months."

Tags:
Marc Faber Lateline TV Australia Peter Schiff economy economic collapse crash gold silver oil bubble doom inflation depression recession rogers faber ron paul ben bernanke euro dollar currency crisis stagflation commodities bear bull market

Equities will disappoint over the next 3 Months

Correction to be more severe than predicted , The Rate of gains in equities has diminished

Marc Faber : I don't think one should look only at indexes ,but very clearly a lot of stocks are today no higher than hen they were in May, like the oil shares , resource stocks are by in large down from the peak in May June of this year.

So, some correction has been under way already and also in global markets we had corrections like China is now down almost 20% from the peak and is no higher than in June.

So I think after this huge run up in stock prices we had between March 06 which is the low for the S&P 500 and June, since then the market has continued to go up, because the big move was between March and June 43 % and after that we just went up 7%

And also I would like to point out that the Euro has been trading in a very narrow range against the US dollar, since June we are at the same level around 1.4300. And I believe in the next 10 days to 2 weeks, we will have big moves in the markets and I wouldn't be surprised if the dollar strengthened and equity markets would correct and possibly quite meaningfully so.
...We had a tremendous rally in equities from the march low to around June 15 and after that equity markets continue to go up but at much slower rate , in other words between march and June in the US we went up by 43% and since then we were up 7%...Via NDTV watch the Interview here
Dr. Marc Faber is an icon in the world of investments, Dr. Faber's typically controversial and contrarian views have earned him the label of Dr. Doom .Dr. Doom also trades currencies and commodity futures like Gold Natural Gas and Crude Oil.Even his harshest critics must admit that he's been unerringly correct in his market forecasts over the past three decades.

Disclaimer

This is a Fan Based Blog ,we are not authorized , endorsed, licensed, approved, recommended, published, maintained, edited or managed by Marc Faber , or any of his affiliates, agents or representatives (all such persons are referred to as MARC FABER in this disclaimer). MARC FABER accepts no responsibility or liability whatsoever for this blog or its content, including its advertising and links to other websites. No endorsement or approval by MARC FABER of any individuals , goods or services is implied . Text Video and other content available on or via this blog might misquote mischaracterize , use out of context , edit or otherwise misrepresent MARC FABER statements and views . Use at your own risk. Click here to visit www.gloomboomdoom.com : the only official MARC FABER website on the web

Equity Market will correct sharply Marc Faber on NDTV Sept 1st 2009

Expect big moves in the dollar in the next 10 days

Investment guru Dr Doom Marc Faber said that the correction in equity markets was overdue after the huge run-up since March and currency markets are due for a change in its course.Correction in markets is already underway , China is off 20% from peaks , Currency markets due for a change in course , Since June Euro trading in a narrow range against the dollar , Expect big moves in the dollar in the next 10 days , Dollar will strengthen , equities will correct sharply , Market correction to be led by valuation concerns , Rate of gains in equities has diminished , USD to rebound , Faber then speaks about a wide range of topics including China , India agriculture commodities etc...

Japanese market could have quite a rally after it bottomed last october

Marc Faber and other experts on the outlook for the Japanese stocks following the Elections

Marc Faber, editor author and publisher of the Gloom, Boom & Doom Report and John Alkire, chief investment officer at Morgan Stanley Asset and Investment Trust Management speak about the outlook for Japanese stocks following the Democratic Party of Japan's victory in general elections. Family Office Research & Management's Tom Murphy, Bank of Tokyo-Mitsubishi UFJ Ltd.'s Naomi Fink, AMP Capital Investors Ltd.'s Kerry Series, Wells Capital Management's Anthony Cragg, and Mizuho International Plc's Seijiro Takeshita also offer their views.
Source Bloomberg TV
WATCH VIDEO BELLOW

Japanese Stocks Could Rally on Election Marc Faber

Marc Faber on Bloomberg 28 Aug 2009 about Japanese elections and equities

Marc Faber author publisher and editor of the Gloom, Boom and Doom Report, was on the phone this morning with Bloomberg Television commenting about the Japanese elections on the Japanese stock market , he also analyzes the global outlook for the Asian markets. Asia will become more Asian Centric said Marc Faber
Dr Marc Faber aka Dr Doom is one of the world's best known economists, author publisher and editor of the Gloom Boom and Doom report, and author of Tomorrow's Gold

We have to distinguish between the stock market and the real economy Marc Faber

Dr. Marc Faber shares thoughts on global financial recovery on ABC Lateline Business Interview 26 Aug 2009

MARC FABER: We have to distinguish between the stock market and the real economy. The real economy began recession in late 2007 and then between September 2008 and March 2009 we fell off the cliff. And then we were at the very low level of economic activity. And then the huge stimulus packages kicked in and the money printing kick kicked. In other words zero interest rates and quantitative easing by the Federal Reserve and also other central banks.
That then stabilized the global economy and when you have car sales dropping 50 per cent and more, then you of course will have a rebound. But the question is how sustainable the rebound will be, or is this rebound at the present time borrowed from the future? My sense is that - and here I am talking about the economy - that the economy in the near term can recover and maybe the recovery will be somewhat lengthier than expected. The crack of boom because the first stimulus package in the US, probably will be followed by a second one, and money printing will lead to even more money printing next year, so it can last 12 to 18 months. And then we will get another set of problems arising from ... each government action has unintended consequences.
Dr Marc Faber aka Dr Doom is one of the world's best known economists, author publisher and editor of the Gloom Boom and Doom report, and author of Tomorrow's Gold

Marc Faber Interview with the Economic Times 20 Aug 2009

Marc Faber's view on global markets

“We had a very powerful rally starting at the beginning of the year and after March many emerging markets have gone up over 100 per cent or so. So, a correction is nothing unusual at this stage of the cycle. Although the global economy has stabilized, we are not out yet of the woods and valuations have become somewhat stretched. Stocks didn’t go up necessarily because of improving fundamentals but because of liquidity injection and large stimulus package from all over the world,” said Dr Marc Faber speaking author editor and publisher of the Gloom Doom and Boom Report and investment guru in an exclusive interview with the economic Times ET Now speaking about the the global markets