Marc Faber The FED is Creating a Credit Bubble

Marc Faber to Tech Ticker We are Doomed 12 Jan 2010

The FED makes record profit thanks to the Financial Rescue : 51 billions last year 46 B coming from the rescue effort , Marc Faber author of the Gloom Boom and Doom report tells Tech Ticker "The FED was not audited , so the profit who knows ???" In fact far from any auditing who could tell what are the real profits of the FED ! Marc Faber added that the private sector is acting rationally while the Government is not ...




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 . 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"

Marc Faber Bullish on Gold Bearish on Dollar

Future of US Economy Will Be Very Bleak Marc Faber on Tech Ticker - 09-22-09

Marc Faber Bullish on Gold Bearish on Dollar
"The future will be a total disaster, with a collapse of our capitalistic system as we know it today, wars, massive government debt defaults and the impoverishment of large segments of Western society," Marc Faber writes in the September issue of The Gloom, Boom & Doom Report.

A statement like that pretty much speaks for itself, but it's a bit more complicated than appears on first blush.

Faber has been bullish -- especially on commodities and emerging market stocks -- for some time now and believes the current global recovery trade will last another two-to-three years, as discussed in more detail in a forthcoming clip. But he has major long-term concerns about the dollar's long-term viability given rising U.S. deficits, massive unfunded mandates and the fact "we have a money-printer at the Fed."

This combination will eventually lead to runaway inflation...





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gold silver bullion investment precious metals store peter schiff Marc Faber coins CNBC jim rogers ron paul gerald celente max keiser economy depression recession dollar devaluation commodities stock market crash federal reserve bank banking doom

Marc Faber - US Dollars Will Be Worthless Tech Ticker 09-22-09

Marc Faber, editor of The Gloom, Boom & Doom Report is, by his own account, "ultra-bearish" on the long-term fundamentals of the U.S. market. (Discussed in detail in this clip.)

However, in the near term, Faber sees plenty of money-making opportunities in stocks. Sure, prices aren't as cheap as they were in March, yet he's confident, "in this envionrment cash will become worthless." As a result, he says investors are, "better off being in equities," for the next two to three years.

Faber is most bullish on mining and energy companies. He recommends: * Newmont Mining and FreeportMcMoran as relative inexpensive. He also mentions Nova Gold, as another, more speculative buy. * In a contrarian call, on natural gas, he says Cheasepake Energy will be a winner when prices eventually rebound. * Oil giant ExxonMobil is another stock he thinks offer good value.

Outside of that, Faber says buying large-cap pharmaceuticals like Pfizer and Johnson & Johnson offer good defensive options.

Finally, he suggests U.S. airlines are poised for a rebound. If that happens, international airlines will follow and Thai Airways stock could double.

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gold silver bullion investment precious metals store peter schiff Marc Faber coins CNBC jim rogers ron paul gerald celente max keiser economy depression recession dollar devaluation commodities stock market crash federal reserve bank banking doom

Emerging Market Economies Will Surpass The West Marc Faber

Marc Faber has an informal rule never to spend more than 10 days in a country before rushing to the next one. In addition to lots of frequent-flyer miles, this gives him the chance to see firsthand how lots of the world is doing. So how\'s it doing? Better than the U.S., says Faber, the editor of the The Gloom, Boom & Doom Report. In the U.S. we have


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Marc Faber on Tech Ticker Yahoo Finance America has Way Too Much Debt

America has mortgaged its Future

Marc Faber disagrees with economist Ken Fisher's argument that America is "under indebted about the debt of America while Fisher argues that America is "under indebted" and that more debt will be a global phenomenon in the next 10-20 years , Marc Faber replies by saying : More debt "comes at the expense of a falling dollar...and much higher inflation rates in the future," Faber also adds that the America has total debt-to-GDP ratio of 375%, "excluding contingent liabilities from Medicare and Medicaid."
Faber says much of America's debt has gone to pay for unproductive things like golf courses and big houses and investments with Bernie Madoff
"The Western world is overleveraged," he continues saying . "We've mortgaged the future and our children will have to pay for that somehow."

The Capitalistic system will collapse Marc Faber

Wars massive government debt defaults impoverishment of large segments of Western society and Collapse of the Capitalistic system , that's the future seen by Dr Marc Faber

"The future will be a total disaster, with a collapse of our capitalistic system as we know it today, wars, massive government debt defaults and the impoverishment of large segments of Western society," Dr Doom Marc Faber wrote in the September issue of The Gloom, Boom & Doom Report.Marc Faber is very bearish on the US Dollar and has expressed in many occasions his concerns about the collapse of the dollar and rising Zimbabwe like hyperinflation in the US , but he is bullish on commodities emerging market stocks especially the Asian markets and of course precious metals gold and silver , Faber also expresses his concerns that a third World War could be very close as US is losing its position as superpower in front of an ever rising Asian bloc headed by China which could challenge America's super power title in the short term....










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