Saturday, September 1, 2012

Marc Faber : within the next 6 to 9 months we are in Recession

Marc Faber : within the next 6 to 9 months we are in recession , and I'd like to point out that the GDP figures in the US are also of course doctored , because in the US nominal GDP is not properly adjusted for cost of living increase which are far higher than what they used to calculate inflation - in Bloomberg Radio Interview
Click here to listen to the whole interview>>>>>>
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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.