Marc Faber in Barrons round-table

This week The Publisher of Gloom Boom Doom and financial guru, Dr. Marc Faber, participated in Barron's round-table with Mario Gabelli, Bill Gross, Felix Zulauf and Fred Hickey to discuss the current state of the financial system and gold prices . Marc Faber criticized Chairman Bernanke and the Federal Reserve for causing the asset bubbles, exclaiming. “The Fed and certain academics in the U.S. don’t understand the instability brought about by excessive credit growth and artificially low interest rates…In a January 3 speech in which Mr. Bernanke talked about monetary policy and house-price inflation, he never once mentioned excessive credit growth.” reports www.goldalert.com
Dr. Marc Faber also known as Dr Doom is an investment advisor, investment analyst and fund manager author and publisher of the Gloom Boom & Doom Report . Dr Faber is known for his contrarian investment approach. Dr Marc Faber is associated with a variety of funds and is a member of the Board of Directors of numerous companies.
he became well known for advising his clients to get out of the stock market one week before the October 1987 crash. Dr Doom motto is "Follow the course opposite to custom and you will almost be right"