[VIDEO] Faber : too late to buy US Stocks

"In the U.S., it's probably too late to buy," the publisher of "The Gloom, Boom & Doom Report" told CNBC. "Usually these long bull markets, they end badly," he said, pointing to the 1987 crash and the significant declines in 2000 and 2007. "So I don't think it's a very opportune time to buy [U.S.] equities," Faber added. While it might be too early to buy some of the beaten-down emerging markets at these levels, investors can make money in the longer-term, he said. "I think I can make the case that over the next five to 10 years, I will make more money by buying now in the emerging economies then in the U.S.," Faber said.


Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.

Not a Good Time to Buy US Stocks

"I think we will go up until it's over," Faber said. In 2013 "I wrongly predicted a 20 percent correction—it hasn't happened. But I think when it's over, it will be more than 20 percent.""I'm not yet short, but I would look at essentially any rally here in the U.S. market as an opportunity to lighten up on positions," Faber said. "And I don't think people should buy stocks".

Marc Faber

 Marc Faber told CNBC  : Click here to watch the full interview >>>>>

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Faber : I think it’s too late to Buy US Stocks

I think it’s too early to move into emerging economies, and I think it’s too late to buy US stocks. They (US stocks) may go up another 10%, maybe even 20%, but the risks have increased significantly and I don’t think equity investors in the US, aside from a short-term trading opportunity, will reap very high returns in the future. Now, compared to equities in emerging economies and equities in the US, what is really incredibly depressed are mining companies. My preference has always been to own physical gold, but I have to say that at this level the mining companies are relatively good values. - in businessinsider


Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Marc Faber

I Would Not Buy US Stocks at These Levels

 "I think the markets will move according other events rather than what is happening in Washington,"
"We're coming into earnings season, and the earnings are likely to disappoint,"
 "the market is not cheap anymore, according to different valuation methods,"
 "the returns over the next five to 10 years will be very moderate,"

"the technical are concerning,"
 "There are very few stocks that are making new highs," Faber said. "The majority of stocks have been moving sideways to down over the last six months. Some stocks, like IBM, are no higher than they were in 2011."






Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Marc Faber : U.S. Stocks Wont Reach New High in Near Term

Nov. 19 (Bloomberg) -- Marc Faber, publisher of the Gloom, Boom & Doom report, talks about the outlook for the U.S. equity market and China's economy. Faber, speaking with Deirdre Bolton on Bloomberg Television's "InsideTrack," also discusses Federal Reserve Chairman Ben S. Bernanke's speech at a European Central Bank conference in Frankfurt today. (Source: Bloomberg)

Marc Faber sees a 20% Correction in US stocks and a rebound in Euro

Marc Faber Sees 20% Correction if S&P Reaches New High

March 1 (Bloomberg) -- Marc Faber, publisher of the Gloom, Boom & Doom report, talks with Bloomberg's Erik Schatzker about the outlook for U.S. stocks. Faber, speaking from Hong Kong, also discusses the outlook for the euro and the dollar, and investment strategy.