Marc Faber : Ben Bernanke Policies benefited The Emerging Markets but were a Complete disaster for the US

Marc Faber on The Alex Jones 14 February 2010

Alex Jones welcomes dr. Marc Faber , investment analyst and entrepreneur, who publishes the the monthly investment newsletter The Gloom Boom & Doom

Dr. Marc Faber also known as Dr Doom is an investment adviser, investment analyst and fund manager author and publisher of the Gloom Boom & Doom Report ,and the author of "Tomorrows Gold" . 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.
In 1987 he warned his clients to cash out before Black Monday on Wall Street. He made them handsome profits by forecasting the burst in the Japanese Bubble in 1990. He correctly predicted the collapse in US gaming stocks in 1993; and he foresaw the Asia-Pacific financial crisis of 1997/98 and the resulting global volatility. Dr Doom motto is "Follow the course opposite to custom and you will almost be right"
Mr. Faber is also the author of several books, including Tomorrow’s Gold – Asia’s Age of Discovery, and is a director of Ivanhoe Mines Ltd. , a mining firm focused on the Asia Pacific region. He is also an adviser to a number of private investment funds.
Marc Faber is Managing Director of Marc Faber Ltd. | Hong Kong
“A man of the world…the Swiss-born, Hong Kong-based investor and provocateur thinks Uncle Sam’s penchant for printing money will lead to disaster. En route, however, certain Asian stocks, blue-chip techs and bombed-out resources shares just might double or triple. As for Treasuries, short ‘em.” His picks at the January 2009 Barron’s Roundtable: In Singapore – Fraser & Neave, United Overseas Bank, OCBC; in Hong Kong – Swire Pacific, Sun Hung Kai Properties; in Thailand – Bangkok Bank, Glow Energy; In India – Icici Bank, Infosys Technologies. Resource companies – Alcoa, Rio Tinto, BHP Billiton, Companhia Vale do Rio Doce, Freeport-McMoRan Copper & Gold, Xstrata. Tech stocks – Intel, Cisco Systems, Yahoo!, Oracle, Microsoft.
Dr. Marc Faber — An icon in the world of investments, Dr. Faber’s typically controversial and contrarian views have earned him the label of “Dr. Doom.” But even his harshest critics must sheepishly admit that he’s been unerringly correct in his market forecasts over the past three decades.