Marc Faber : correction forthcoming in Equities Market

Marc Faber : Well, I’m not sure. I think the market is overbought. I think correction is forthcoming but who knows if there is even money printing and markets are irrational at times and maybe they pushed them up more. The technical indicators have deteriorated. So I personally, when I was positive about equities in November, December but the sentiment was very negative now I’m taking some money off the table. - in Chris Martenson interview
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Marc Faber : Gold & Silver can go down another thirty percent

Marc Faber : Yes, but all the gold and silver, I was just telling people, you should buy it as an insurance. It can go down thirty percent. We are in volatile markets so you know you want to have your insurance safely. You don’t want to leverage up in the futures market of gold and it goes down ten percent and you’re wiped out because of margin calls. It's all a matter of degree, how much you allocate to each asset class. - in Chris Martenson interview
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Marc Faber : we are all doomed

Marc Faber : Yes. You know looking at the governments and the interventions into the economic system, I mean I tell everybody I grew up in the 50s and 60s, I think we had much more freedom than there is freedom today. And, so this is a concern of mine. So I mean look, in my view we’re all doomed. But, maybe if you keep your gold in a safe place you’re doomed later than other people who have no gold and only paper money and government bonds. - in Chris Martenson interview
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