Marc Faber News Blog Investments and Trading Ideas - A Tracking Blog About Dr. Gloom Boom & Doom Marc Faber , Daily Tracking of Dr. Marc Faber Investment Strategy , Market analysis , Outlook & Media appearances
Yemen could become a trouble spot says Dr. Marc Faber: ...I think that the civil war in Libya can escalate because who knows may somebody around the world will support Gaddafi it's not Cristal clear that he will be all the time by himself secondly and more worrisome is probably Yemen where you have essentially a vicious leader as bad as Gaddafi and you have an opposition that is hostile to both the US and Saudi Arabia and that could become a trouble spot because strategically Yemen is of course much more important than say Libya .."
Natural gas price are very depressed right now says Marc Faber ...investors should gradually and every month buy some gold but it may also probably undergo a correction at some point ...Gold is still under owned it is not in a bubble ....
Dr. Marc Fabereditor and publisher of the gloom boom and doom report was a guest to Goldseek radio on April 06 2011 , he says that the FED may eventually announce QE3 but not right away in June when the QE2 ends , the inflation rate in the US is much higher than what he government is publishing ...Gas price are still depressed , Gold may see a correction at some point...Gold is not in a bubble it is rather under owned by most investors ...
Marc Faber :" ...My feeling is the FED it will complete QE2 , in June it will be finished and that after it they will be waiting to see how the bonds market reacts to less purchases or no more purchases of the treasury bonds by the FED , because it's not evident that the bonds market will necessarily go down because of the withdraw of QE2 because last April in April 2010 we had the end of QE1 and after that the bonds market actually rallied until August so the FED may not immediately announce QE3 but I think eventually it will happen , and concerning rates they will make sure that the FED fund rate stay below the rate of inflation and as you know the rate of inflation in the US is much higher than what the government is publishing "
"It is no longer sufficient to analyze macroeconomic and microeconomic trends and individual companies and sectors; we now increasingly need the help of a political analyst who can warn us of what governments’ next regulatory ‘Schnapsideen’ (ideas developed while heavily intoxicated) are likely to be."Marc Faber
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, MARC FABER LIMITED which acts as an investment advisor and fund manager. Dr Faber publishes a widely read monthly investment newsletter "The Gloom Boom & Doom Report" report which highlights unusual investment opportunities, and is the author of several books including “ TOMORROW'S GOLD – Asia's Age of Discovery” which was first published in 2002 and highlights future investment opportunities around the world. “ TOMORROW'S GOLD ” was for several weeks on Amazon's best seller list and is being translated into Japanese, Chinese, Korean, Thai and German. Dr. Faber is also a regular contributor to several leading financial publications around the world. 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.
