Wednesday, February 22, 2012

Marc Faber Interview Bloomberg Radio - 21 Feb 2012

Marc Faber : "The final crisis in Europe has been postponed by monetary intervention , it is not being resolved but it is being postponed and as you know the market is a discounting mechanism and therefor has rallied very strongly in the US , from the S&P low of 1074 on October 1st to now 1360 or thereabout so basically the markets are anticipating a resolution to the crisis "
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Dr. Marc Faber Tomorrow's Gold





Dr. Marc Faber author of the Gloom, Boom and Doom report is a world class Investor, Doctor Faber 's typically controversial and contrarian views have earned him the label of Dr. Doom. Doctor 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
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.