The FED will do QE3 but not right away says Marc Faber

Marc Faber in an interview with Bloomberg today March 31 2011 : " For sure there will be QE3 but not right away , I think the FED believes that the economy is recovering and some sectors of the economy are actually doing quite well overseas we have strong growth in particular in emerging economies like here in Mexico the economy is doing very well at present time , so I think they will do QE3 , and my view is they will do QE3 , QE4 QE5 until QE26 until the whole system breaks down , and obviously the question is how fast they will do and to what extent the stock market has already expected this QE3 or the end of QE2 , as is QE2 is now fully discounted I do not think that the market will go up significantly , in fact I think that the FED would like to see stocks correcting somewhat ahd then have an excuse if stocks are down 20 percent that we need QE3 ..."

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

Marc Faber tips on Russia

Marc Faber : well now that I am in Russia I have to be optimistic about Russia… but Joke aside I think that the Russian market is an unappreciated market because the western media has no clue about Russia and they always write very negative articles about the political system here, the corruption when the corruption in Europe and in the US is about as bad as it is here or anywhere else in the world.
But the market here at least is very inexpensive and its a resource based stock market and technically I think the market is gonna break up on the upside right now and move up at least 10%." Marc Faber, publisher of the Gloom, Boom & Doom report, speaking from Troika Dialog's "Russia Forum" in Moscow to Bloomberg Television
interview with Marc Faber in Bloomberg's "The Pulse" from Russia. Unfortunately, embedding is not allowed so you must click on the link below for the interview.
http://www.youtube.com/watch?v=P-Q_KGR4a4E
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Buy Farmland a tractor and gold says Marc Faber

On an interview with the Norwegian TV DNtv Dr. Marc Faber recommended buying farmland and Gold "You can not just keep printing money, as one does now, and expect it to become more credit. It comes to a point where you throw so much money on the system not working. It will lead to a weak dollar over time and eventually it will not be worth anyone, "says Faber. "I recommend everyone to have some cash and some in gold. Real gold, " "Stock up on a farm in northern Norway and learn to drive a tractor. No one bothered to bomb in northern Norway, "he said.

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

Marc Faber, Bernanke will bring QE 18

Dr.Marc Faber on CNBC this morning talks about Japan and the continual money printing from Ben Bernanke and the Federal Reserve. Joe Kernan is doing the interview and they were a bit rude. They were totally dismissive and acted like he is crazy. Marc Faber has been right so far and I am willing to be that he will continue to be right. Faber says there will be a continuous quantitative easing program (money printing) and he calls it QE18.""We may drop 10 to 15 percent. Then QE 2 will come, (then) QE 4, QE 5, QE 6, QE 7—whatever you want. The money printer will continue to print, that I'm sure," said the author of the Gloom, Boom and Doom Report. Later in the interview, he added, "Actually I made a mistake. I meant to say QE 18."""This huge selloff is an investment opportunity in Japanese equities, but if a meltdown occurs then all bets are off," Marc Faber added.

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

Commodities and Money Printing

Marc Faber : The problem is this: Mr. Bernanke decided to print money, and the Federal Reserve has done that for the last 30 years. When you print money, what the central banks can't decide is where the money will flow to. So it flows into Nasdaq from 1997 to 2000. Then it flows into real estate—until the collapse. In 2008 it flows into commodities. And now again it flows into oil and food. As these prices go up, it hurts the majority of the population.

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

Marc Faber - The Fed Will Print Until the System Comes Down

The Fed will continue to monetize. They will never let up. They will continue to print and print until the entire system comes down. They are very bad forecasters with regards to the economy. This includes Bernanke. The Federal Reserve, with their policies, will continue to try quantitative easing.

Everybody in the world has concerns about the ultimate value of the United States Dollar. As long as deficits remain where they are, there is no doubt that a crisis will appear. Maybe not in the next 3 years, but at some point it is inevitable. Equities at this point is much better than bonds.

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

Marc Faber - Inflation and Dollar Collapse

Within a decade, the Dollar will collapse because of money printing and other issues.


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

Marc Faber and Peter Schiff - We are in a Bond Bubble

Marc Faber and Peter Schiff appeared on CNBC in August 2010. Peter Schiff and Marc Faber have met many times, and they agree on the state of treasuries and bonds. We are in the worst bond market in history. When people begin to realize that we can't service the debt, the United States government will no longer be able to roll it over into short term treasuries.

People are still interested in bonds because they are so adverse to risk. Unfortunately, there probably isn't any riskier a move than to lend money to the United States. 10 years ago, everyone was piling into the stock market. Since then, we have had a terrible ten years in the stock market. If you really are risk adverse, then you don't want to own bonds. You want to own gold.

Marc Faber agrees that there isn't much upside potential in treasuries other than the short term. If you are looking ten years ahead, treasuries are the last place that you want your money. The fiscal deficits will remain very high among governments, and one day the interest payments on the debt will become unbearable.

In 1999 and 2000, foreigners wanted to buy the NASDAQ. Now, they want to buy United States bonds. You shouldn't look at what foreigners are doing to determine where you should put your money. Agricultural commodities and gold are something that should be in any portfolio.

There is no question that people are making mistakes here. People have begun to save more, but unfortunately they are loaning their money to the government rather than to private enterprises. The money isn't being invested productively, and so all the savings aren't doing anything to help the economy.


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

Today America is Nothing says Marc Faber

In the 1950s, America was above everything else. Today, relative to the rest of the world, America is nothing. For the first time in the history of capitalism, the emerging world is more powerful than the Western world. That is a huge change. And it brings huge tensions in the world.

in Business Week

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

Long Term, You Should Be Exposed To Energy

Marc Faber : I think long term you should be exposed to energy in either scenario....if you are extra bearish and believe that War World III is going to start soon, as I believe, or in an optimistic scenario. - in CNBC

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

The Worst Case Scenario For Oil

The Worst Case Scenario For Oil: If The Unrest Spreads To Saudi Arabia
In this most extreme, worst-case scenario for the oil markets, serious unrest spreads to Saudi Arabia. In this case, it does not really matter if Libya or any other producers are shut down or not. Saudi Arabia is OPEC's biggest producer and the world's biggest current holder of spare capacity. - in CNBC

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

I do not think that the world can produce sufficient oil in a Goldilocks scenario

Marc Faber on CNN 03_09_11  Marc Faber : ...well all commodity prices have run up very substantially in the last say six months copper oil nickel and so forth ....and all are due for a correction , the question is what happens thereafter and quite frankly I do not think that the world can produce sufficient oil in a Goldilocks scenario where by the developed world Europe the US Japan recovers and the emerging world continues to grow in that case the demand will outstrip the production facilities and so prices will go up if everything looks good and if everything collapses in the world and we have turmoil in the middle east and so forth then obviously supplies will be curtailed very substantially , prices will go ballistic on the upside ..."
"well I think I have been concerned for quite sometime that in the western world notably in the US we had excessive credit growth , and the excessive credit growth especially in the years 2000 to 2007 caused the financial crisis , and now excessive private credit growth have been replaced by excessive government credit growth , so ...which is even worse , the private sector is actually quite efficient it is the government that is usually inefficient , so I think that we are postponing the problems and one day the hour of truth will happen then the global economy and in particular the financial system with all the derivatives and leverage and so forth will collapse and then you will have a reboot it's like when your computer crashes you have to reboot it " as to how to play this market Marc Faber answers : "I am actually quite optimistic I drive motorcycles in Thailand "
"well I think if you look at different asset classes , cash which is usually the safest in the world and government bonds these two assets classes in my scenario of eventual complete collapse are very dangerous , so then you have asst classes like equities , they can go down of course and you have real estate can also go down , precious metals can also go down but at least you still have something , so I would suggest to investors : if you are ultra pessimistic about the eventual outcome before it'll happen you have massive money printing then you'll have war and in both instances you do not want to be in cash or government bonds you want to be in equities precious metals and commodities and in real estate in the country side "
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

excessive private credit growth have been replaced by excessive government credit growth

Marc Faber on CNN 03_09_11
Marc Faber : ...well all commodity prices have run up very substantially in the last say six months copper oil nickel and so forth ....and all are due for a correction , the question is what happens thereafter and quite frankly I do not think that the world can produce sufficient oil in a Goldilocks scenario where by the developed world Europe the US Japan recovers and the emerging world continues to grow in that case the demand will outstrip the production facilities and so prices will go up if everything looks good and if everything collapses in the world and we have turmoil in the middle east and so forth then obviously supplies will be curtailed very substantially , prices will go ballistic on the upside ..."
"well I think I have been concerned for quite sometime that in the western world notably in the US we had excessive credit growth , and the excessive credit growth especially in the years 2000 to 2007 caused the financial crisis , and now excessive private credit growth have been replaced by excessive government credit growth , so ...which is even worse , the private sector is actually quite efficient it is the government that is usually inefficient , so I think that we are postponing the problems and one day the hour of truth will happen then the global economy and in particular the financial system with all the derivatives and leverage and so forth will collapse and then you will have a reboot it's like when your computer crashes you have to reboot it " as to how to play this market Marc Faber answers : "I am actually quite optimistic I drive motorcycles in Thailand "
"well I think if you look at different asset classes , cash which is usually the safest in the world and government bonds these two assets classes in my scenario of eventual complete collapse are very dangerous , so then you have asst classes like equities , they can go down of course and you have real estate can also go down , precious metals can also go down but at least you still have something , so I would suggest to investors : if you are ultra pessimistic about the eventual outcome before it'll happen you have massive money printing then you'll have war and in both instances you do not want to be in cash or government bonds you want to be in equities precious metals and commodities and in real estate in the country side "





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

Oil Outlook

Marc Faber : "If you take a very optimistic view of the world, namely a global economic recovery, demand in the western world will pick up, and demand in the emerging world will continue to rise very strongly, and so from a very optimistic point of view, you should be long oil.

In a very pessimistic scenario, you have to assume the unrest will shift also to Saudi Arabia and other countries in the gulf, and at that stage, maybe production may be curtailed, and in that case, obviously oil would go up ballistically... In both cases you should be long energy and energy related shares.

The fact is the world is burning more oil than it's adding new reserves. So the level of overall proven reserves, or the existing oilfields - that production will go down. Finding and developing new oilfields, is a difficult and costly exercise." - in CNBC

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

Crude Oil may rise before additional production : Marc Faber

Marc Faber on CNBC Tuesday 08 march 2011 : Rising crude oil prices has been a matter of grave concern in the past few days. Investment guru Marc Faber believes that crude may rise further before additional production comes into play. We need to find new oil fields and develop them and that is very costly. I would estimate the marginal cost of adding new oil at USD 80 per barrel, he said.

Marc Faber " what we had on the oil market in the last couple of years is essentially reduction of demand from the developed World from the United States western Europe Japan , and continuous growth in the emerging economies , so if you take a very optimistic view of the world namely a global economic recovery demand in the western world will pick up and demand in the emerging world will continue to rise very strongly, and so from a very optimistic point of view, you should be long oil.Of course we have had a huge run up and I think energy shares and oil is due for a correction but in an optimistic scenario you should be long Oil and also other industrial commodities , in a very pessimistic scenario you have to assume that unrest will shift also to Saudi Arabia and other countries in the gulf, and at that stage, maybe production may be curtailed, and in that case, obviously oil would go up ballistically... " Marc Faber told CNBC on Tuesday 08 march 2011 "Oil prices will spike up before additional production will come into play ....yes you can increase the production but to increase the reserves it is very difficult and very costly and the fact is simply that the world is burning more oil than it is adding in reserves every year So the level of overall proven reserves, or the existing oilfields - that production will go down,so you have to find new oil fields or develop new ones over time and that is very costly " Marc Faber added
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Not To Own Any Gold Is To Trust The U.S. Government

Marc Faber : “The only true currencies that exist today are gold, silver, platinum, and palladium. Not to own any gold is to trust the U.S. government, trust that they will ever balance the budget again.” - in Beacon Equity

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

Energy Stocks Are Overdue For A Correction

Energy Stocks Are Overdue For A Correction
"Energy stocks have rallied a lot and are overdue for a correction" - in CNBC

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

Bullish On Japanese Stocks

Marc Faber : “If I had to make a bet for the next ten years in terms of equity markets, I would seriously consider a very strong weighting here in Japan. Once the debt market starts to go down, the yen will begin to weaken and that will lift equity prices. I would buy equities at the present time.”

in a CLSA Asia-Pacific Markets, Tokyo

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

Japan Will Have To Monetize The Debt

Marc Faber : “If I look at the next 5 to 10 years, the interest payments on the government debt in Japan and the fiscal deficits will become very burdensome and that will necessitate monetization. That will bring about a huge shift of money out of cash and bonds into equities.” - in Bloomberg
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Marc Faber The U.S. Stocks Will Outperform Emerging Markets

March 3 (Bloomberg) -- Marc Faber, publisher of the Gloom, Boom & Doom report, talks about the outlook for global stock markets. Faber also discusses the U.S. economy and commodity markets. He speaks with Tom Keene on Bloomberg Television's "Surveillance Midday." (Source: Bloomberg)


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

Marc Faber Cash and Bonds are the worst investments, Oct 23, 2009

Marc Faber Cash and Bonds are the worst investments, Oct 23, 2009


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

Marc Faber Buy Housing Now - CNBC Fast Money 2_28_11

Marc Faber :.."....well I think from here onward stocks will move very selectively I happen to like energy because if the economy surprises on the upside demand will pick up , in actual facts the demand in developed countries has picked up and in emerging economies it continues to go up " "I think in a, let's say Goldilocks outlook, you have to own some oil,If you're very bearish about the world, it's a nightmare scenario in the Middle East and I don't think that Saudi Arabia can affect production shortfalls of Libya and Saudi Arabia itself is very vulnerable and so I would say under any scenario, I would own some oil and energy shares , but they have rallied a lot and they are overdue for a correction "...etc...

Marc Faber said not to buy a house because it will appreciate, but if you really like the house. To acquire a house you need to balance out how you best you can acquire it. If you have no savings, don't have a high income, then a affordable mortgage is paramount. So a modest income owner must decide when the time is ripe, where the balance of asset price versus acquisition is reasonable. I do agree housing still has some downside 10 to 20%. Personally I would wait it little longer.
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.