Tuesday, October 11, 2011

Marc Faber Video Interview - CNBC - 11 October 2011

Dr. Marc Faber of the Gloom, Doom & Boom Report, talks about his outlook for the global economy with Squawk Masters of the CNBC this morning 11th October 201 ha said that he expects volatility in the market to continue , and that he is bullish on the US Dollar because the global liquidity is tightening Despite of the fact the ECB and European governments will flood the markets with liquidity to bail themselves out, global liquidity is tightening," he says. "It's bad for asset prices but it's good for the US dollar.

Related Posts Plugin for WordPress, Blogger...

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.