Marc Faber on the FOMC release & Ben Bernanke - 03 Apr 2012

Dr Marc Faber interviewed by Capitalaccount of Rt America - 03 April 2012 about the FOMC release and Ben Bernanke's zero interest rates policy which is forcing people to speculate " We have known now after the experiment with socialism and communism and the planned economy that the complete disaster government interventions into the market place have been but this is precisely what the federal reserve and the treasury are trying to do and for sure it will fail over time " Marc Faber said

Marc Faber interview - Bloomberg 02 Apr 2012

Marc Faber on Stocks, Gold, Fed Policy, Strategy . Marc Faber, publisher of the Gloom, Boom & Doom report, talks about the outlook for stocks and investment strategy. Faber, speaking with Betty Liu on Bloomberg Television's "In the Loop," also discusses Federal Reserve policy and the gold market. (Source: Bloomberg) "In a money-printing environment I'm reluctant to short. But say whereas I recommended investors to increase their positions last October, November, December, now I think that if people are overweight in equities they should reduce positions somewhat...maybe cash. The U.S. dollar is desirable at the present time." Marc Faber told Bloomberg TV

Faber : Earnings will deteriorate and Profit margins will shrink

Marc Faber : "First, I think there are some cost pressures creeping in terms of rising raw material costs, especially energy, and the problem with, say, a QE3 would be that you are doing it in an environment of very elevated oil prices. So, maybe the energy prices would go up more and squeeze the margins of some corporations. And certainly squeeze the consumer. And my sense is that the economy has bottomed out but is far from robust because the typical household is being squeezed by higher cost of living increases. There are various measurements. You can measure the CPI. It is rising by less than 3%. Everywhere I look I see households essentially paying between 5% to 10% more for goods and services than a year ago." - in CNBC 02 Apr 2012
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