Monday, September 10, 2012

I do not Watch movies I Watch Reality, Historical Precedents

Marc Faber : actually I do not watch movies I watch Reality , Historical Precedents ,the fact is people who own shares in Germany and properties in west Germany, the ones that own bonds and cash, cash and bond holders got wiped out precisely three times, lost everything. the ones that own equities, they still have the equities. - in CNBC The Call 06 Sept 2012
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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.