I still like Gold and Silver

Marc Faber : Yes I still like Gold and Silver but I think they'll go down for the next three months or so but I wouldn't short them and I keep on accumulating gold , I think Gold in the long run not not to own any gold is to trust central bankers and that you do not want to do in your life time - in Bloomberg TV


Related ETFs: SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG) Agriculture Fund (DBA), ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT) United States Oil Fund (USO), SPDR Gold ETF (GLD), Powershares DB Agriculture ETF (DBA) SPDR S&P 500 ETF (NYSE:SPY), SPDR Dow Jones Industrial Average ETF (NYSE:DIA), iShares Russell 2000 Index (ETF) (NYSE:IWM), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ)
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Emerging market stocks outlook

Marc Faber : Broadly-based international portfolio should have at least 50% of its assets in emerging economies. We are talking about stock portfolios. The question is do you buy today or you wait? I do not know when the markets will bottom out. I do not know when the QE3 will be implemented, but I would say in Asia, you have a lot of shares that have a dividend yield of between 4 and 7%. You have zero interest rates on deposits. So I do not think there is a huge downside risk in equities. Now can they go down 20-30%? Yes, but if you cannot take the pain of downside volatility in the order of 20-30%, then do not even get up in the morning from your bed, stay in bed. - in ET Now




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

Greece is a bust, it is as simple as that

Marc Faber : "Greece is a bust, it is as simple as that. If it was a company, it would go into bankruptcy, into liquidation, into restructuring and the bond holders or the creditors would have to take huge haircuts, probably in the order of 70-80%. But here comes the government, of course the government and the IMF and the ECB, they know everything better than anybody else. So they bail it out. This is the problem I just explained. The financial system went bust. Now the governments are extending the credit and as a result, their credit worthiness is declining and eventually a lot of countries will go bust because they help the weak companies or the weak country survive" - in ET Now


Related ETFs: SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG) Agriculture Fund (DBA), ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT) United States Oil Fund (USO), SPDR Gold ETF (GLD), Powershares DB Agriculture ETF (DBA) SPDR S&P 500 ETF (NYSE:SPY), SPDR Dow Jones Industrial Average ETF (NYSE:DIA), iShares Russell 2000 Index (ETF) (NYSE:IWM), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ)
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 US is Greece like a thousand times

Marc Faber : "It depends on how you define a real crisis. Basically we had a boom into 2007, but the boom did not really help the average person in the United States. The boom was concentrated in asset prices and the financial sector and well-to-do people. The workers did not benefit much. Then we have the crisis in 2008, unemployment goes up and since then, employment has hardly gained, but we have the boom in emerging economies because of the money printing and the transmission mechanism.

So a crisis in the US, we are to some extent still in crisis for the workers, for the lower middle class, and we had a recovery in asset prices, notably equities, but not real estate, which essentially means the Bernanke would have liked to see rising real estate prices. So whether we will have a further crisis, I am not so sure, but the global financial system will eventually blow up because we have not solved the problems, we have postponed them.

In 2008, the financial sector went bankrupt and the government stepped in with bailouts and as a result of that, government's debt everywhere have gone through the roof and made governments more vulnerable to themselves failing one day, especially in the United States, in my opinion. Jim Chanos always says China is Dubai times a thousand. In my view, the US is Greece like a thousand times. " - In ET Now


Related ETFs: SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG) Agriculture Fund (DBA), ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT) United States Oil Fund (USO), SPDR Gold ETF (GLD), Powershares DB Agriculture ETF (DBA) SPDR S&P 500 ETF (NYSE:SPY), SPDR Dow Jones Industrial Average ETF (NYSE:DIA), iShares Russell 2000 Index (ETF) (NYSE:IWM), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ)
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 ET Now video Interview

US is thousand times worst than Greece says Marc Faber





Related ETFs: SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG) Agriculture Fund (DBA), ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT) United States Oil Fund (USO), SPDR Gold ETF (GLD), Powershares DB Agriculture ETF (DBA) SPDR S&P 500 ETF (NYSE:SPY), SPDR Dow Jones Industrial Average ETF (NYSE:DIA), iShares Russell 2000 Index (ETF) (NYSE:IWM), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ)
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Gold & Silver Will Probably Go Down In The Next 3 Months Or So

Gold & Silver Will Probably Go Down In The Next 3 Months Or So, But I Would Not Short Them
“I still like gold and silver. They will go down in the next three months or so, but I wouldn’t short them. And I keep on accumulating gold. - Marc Faber - in Bloomberg TV

Related ETFs: SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG) Agriculture Fund (DBA), ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT) United States Oil Fund (USO), SPDR Gold ETF (GLD), Powershares DB Agriculture ETF (DBA) SPDR S&P 500 ETF (NYSE:SPY), SPDR Dow Jones Industrial Average ETF (NYSE:DIA), iShares Russell 2000 Index (ETF) (NYSE:IWM), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ)
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 latest Bloomberg Interview 23 June 2011

June 23 (Bloomberg) -- Marc Faber, publisher of the Gloom, Boom & Doom report,interviewed in Honk Kong by Bloomberg talks about his investment strategy and the outlook for global financial markets said that he Likes Gold, Silver and Will Keep Accumulating Gold : ...Yes I still like Gold and Silver but I think they'll go down for the next three months or so but I wouldn't short them and I keep on accumulating gold , I think Gold in the long run not not to own any gold is to trust central bankers and that you do not want to do in your life, Faber talks about his investment strategy and the outlook for global financial markets. Faber speaks with Rishaad Salamat on Bloomberg Television's "On the Move Asia."






Related ETFs: SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG) Agriculture Fund (DBA), ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT) United States Oil Fund (USO), SPDR Gold ETF (GLD), Powershares DB Agriculture ETF (DBA) SPDR S&P 500 ETF (NYSE:SPY), SPDR Dow Jones Industrial Average ETF (NYSE:DIA), iShares Russell 2000 Index (ETF) (NYSE:IWM), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ)
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Get your Money out of the U.S.

“My advice would be to diversify heavily and have money in other jurisdictions than the United States, in other assets than U.S. assets,” “In say Asia, Asian equities, Asian real estate. And I would have some money in custody outside the USA, in Australia or in Singapore or in Hong Kong or in Switzerland and not have all my assets here in the United States.” Marc Faber said in an interview with insider monkey






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

Investors should have more money in emerging economies than they usually do

Investors should have more money in emerging economies than they usually do. Second, the shift from the western world—particularly from the US—to the emerging world will create political tensions. - Marc Faber in money.outlookindia.com



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

Invest in Gold, Farmland and Art

"When the turn comes and inflation and rates rise, all the money in bonds will move into equities."
"At some point people won't want to be compensated at two percent in bonds, and will put money into stocks. Government bonds will not be a good investment for the next 10 years."  Marc Faber



Related ETFs: SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG) Agriculture Fund (DBA), ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT) United States Oil Fund (USO), SPDR Gold ETF (GLD), Powershares DB Agriculture ETF (DBA) SPDR S&P 500 ETF (NYSE:SPY), SPDR Dow Jones Industrial Average ETF (NYSE:DIA), iShares Russell 2000 Index (ETF) (NYSE:IWM), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ)
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 low interest rates led to over allocation of capital to the whole housing sector

The low interest rates led to over allocation of capital to the whole housing sector. The Federal Reserve did not realize the crisis until 2007, when the Fed started lowering rates. They also did not realize how widespread the problem was. - Marc Faber in The Ira Sohn Conference



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 Fed is trying to print its way out of the crisis

The Fed is trying to print its way out of the crisis. - Marc Faber in The Ira Sohn Conference


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

Debt to GDP

In 1929, we were at 180% of debt to GDP without social security, medicare, etc. Today if you include unfunded liabilities, debt to GDP is up to the ceiling. - Marc Faber



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 monetary policies in the U.S. has boosted growth in China

The monetary policies in the U.S. have been a disaster but has boosted growth in China because increased consumption in the U.S. led to increased exports from China. For the first time in economic history the emerging markets are larger than the developed world. This will bring about geo-political tensions, especially from the southern Chinese sea. - Marc Faber in Ira Sohn Conference



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

when to re-jig your portfolio

Take a longer-term view about asset classes. But, in between, there can be big fluctuations. An investor should have a longer-term view, but can still trade around this view by reducing or increasing positions. - Marc Faber in money.outlookindia.com



Related ETFs: SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG) Agriculture Fund (DBA), ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT) United States Oil Fund (USO), SPDR Gold ETF (GLD), Powershares DB Agriculture ETF (DBA) SPDR S&P 500 ETF (NYSE:SPY), SPDR Dow Jones Industrial Average ETF (NYSE:DIA), iShares Russell 2000 Index (ETF) (NYSE:IWM), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ)
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Mongolia, huge potential for investors

Famed Investor Marc Faber , who specializes in emerging countries, believes that Mongolia may soon become the Saudi Arabia of Asia, but you can not know for sure.
In coming years, Mongolia should focus on infrastructure must build bridges, roads, railways, electricity networks etc.. Precisely for this reason experts say that Mongolia can really take advantage of its resources, it may take years.
Mongolia, is now one of the countries on which the major focus of investors attention. In recent months, the stock market in Ulan Bator was the best in the world.The MSE Index Top 20 in early 2009 to date has earned over 300%, mainly due to the mineral resources of Mongolia. In fact, Mongolia is ranked fourth in the world for reserves of copper and coal reserves for ninth place, also in the country there are also large deposits of uranium, gold, lead, zinc and iron.The potential of Mongolia seems to be huge also because much of the territory has yet to be explored. It is thanks to booming commodity that Mongolia recorded a strong growth for years, in fact, the International Monetary Fund for the period 2013-2016 envisages an increase of 20% per year , the per capita GDP of Mongolia is expected to increase by 2018 from the current 2 thousand dollars up to 8 thousand dollars.To date, investing in Mongolia is still very speculative and risky.




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

Obama might get re-elected despite all

"I think he will be reelected because we have some kind of a tyranny of the masses. You have essentially more people getting handouts than large tax payers. And so they are huge voting block. Then you have the unions, also large voting block. And then you have the government officials. They don’t want to have cutbacks in government and be fired. They essentially are paid more than the private sector. So again a large voting block. " Marc Faber told Insider Monkey that Obama might get re-elected despite all the disappointing economic results during his administration.




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

Emerging Economies

Investors should have more money in emerging economies than they usually do. Second, the shift from the western world—particularly from the US—to the emerging world will create political tensions.




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

Volatility and Diversification

We will have a lot of volatility in stock markets, commodities, currency and bond markets. Investors should try different countries. - Marc Faber in Money outlook India



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

Inflation at 5-10% in America

Marc Faber : ....Just consider, when I started to work in the 1970s, it was said there were two billionaires in the world. One was Rockefeller, and the other one was Mr. Ludwig. Then in 1980there were, I think, six or eight billionaires. Now you have thousands of billionaires.The paper money has become of lower value, and in that environment, it is conceivable that actually stocks do not go down a lot, in nominal terms, but they go down inflation-adjusted, and not inflation-adjusted by what the government is publishing, but in inflation-adjusted terms, as John Williams points out. He says inflation is running at 8% per annum. I have it slightly lower, depending also on the household, whether you have children, or no children, and where you live, but I would say between 5-10% in America is probably a realistic figure, and between 8-12% in countries like India, China, Viet Nam." - in an Interview with MacAlavany Feb 2011



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 Gold

"If the Fed gets it right and successfully re-inflates asset prices, then inflation will be in the double-digits, which would be bullish for gold," - in commodityonline


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

Diversify heavily and have money in other jurisdictions than the US

Marc Faber :  My advice would be to diversify heavily and have money in other jurisdictions than the United States, in other assets than US assets. In say Asia, Asian equities, Asian real estate. And I would have some money in custody outside the USA, in Australia or in Singapore or in Hong Kong or in Switzerland and not have all my assets here in the United States.  - in businessinsider.com



Related ETFs: SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG) Agriculture Fund (DBA), ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT) United States Oil Fund (USO), SPDR Gold ETF (GLD), Powershares DB Agriculture ETF (DBA) SPDR S&P 500 ETF (NYSE:SPY), SPDR Dow Jones Industrial Average ETF (NYSE:DIA), iShares Russell 2000 Index (ETF) (NYSE:IWM), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ)
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Real Estate & Equities & Precious Metals Are Better Than Cash & Government Bonds

Well the positive aspect of my negative view is essentially that you shouldn’t own cash and government bonds but you should be in assets like real estate or equities or precious metals or in commodities.

That is the positive view. In other words, the more negative you are about the world and the geopolitical trends which will lead to war, the more likely it is that you will do better in equities than say in bonds and cash. -in businessinsider.com


Related ETFs: SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG) Agriculture Fund (DBA), ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT) United States Oil Fund (USO), SPDR Gold ETF (GLD), Powershares DB Agriculture ETF (DBA) SPDR S&P 500 ETF (NYSE:SPY), SPDR Dow Jones Industrial Average ETF (NYSE:DIA), iShares Russell 2000 Index (ETF) (NYSE:IWM), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ)
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Inflation and Deflation

It is oversimplification to say inflation is good and deflation is bad. When America grew from 4 million to 80 million people it was through a deflationary environment. - Marc Faber



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 Fed lowered rates to zero

We had the tech boom in the late 1990s, then the bubble burst and the Fed lowered rates to zero. - Marc Faber


Related ETFs: SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG) Agriculture Fund (DBA), ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT) United States Oil Fund (USO), SPDR Gold ETF (GLD), Powershares DB Agriculture ETF (DBA) SPDR S&P 500 ETF (NYSE:SPY), SPDR Dow Jones Industrial Average ETF (NYSE:DIA), iShares Russell 2000 Index (ETF) (NYSE:IWM), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ)
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Changes in Asia are amazing

In 1973, I moved to Hong Kong and have lived in Asia since then. I have seen changes that are amazing. - Marc Faber


Related ETFs: SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG) Agriculture Fund (DBA), ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT) United States Oil Fund (USO), SPDR Gold ETF (GLD), Powershares DB Agriculture ETF (DBA) SPDR S&P 500 ETF (NYSE:SPY), SPDR Dow Jones Industrial Average ETF (NYSE:DIA), iShares Russell 2000 Index (ETF) (NYSE:IWM), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ)
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 Natural Gas & Palladium

"In earlier reports I recommended the accumulation of energy and energy related investments (XOM, HES, SU, U CN, CCJ, UEC, CHK) and of the stock markets of countries that would benefit from rising energy prices including Russia (TRF), Kazakhstan and Middle East (MES). Once again, I recommend individual investors to accumulate energy companies (including natural gas) and the Gulf States ETF (MES).
In particular, I should attract my readers’ attention to natural gas which, along with palladium is the only commodity, that is today lower than ten years ago and which was the worst performing commodity in 2010."
Marc Faber wrote in the January 1, 2011 issue of the Gloom Boom Doom report



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

Obama one of the worst Presidents the US has had

Marc Faber : He is by far one of the worst Presidents the US has had. I’m very upset that none of what he said he would do, mainly change, has actually occurred. So I think he’s certainly intellectually dishonest. And he’s probably made the geopolitical situation worse and also the economic situation worse. And he’s actually vote-buying through handing out money and through increased transfer payments. via Lew Rockwell Blog


Related ETFs: SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG) Agriculture Fund (DBA), ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT) United States Oil Fund (USO), SPDR Gold ETF (GLD), Powershares DB Agriculture ETF (DBA) SPDR S&P 500 ETF (NYSE:SPY), SPDR Dow Jones Industrial Average ETF (NYSE:DIA), iShares Russell 2000 Index (ETF) (NYSE:IWM), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ)
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

it is not wise to own U.S. government treasuries

Even if the deflationists are right, it is not wise to own U.S. government treasuries. The private sector reacted rationally during the crisis by conserving money, and the banks also held onto cash.  - Marc Faber at the Ira Sohn Conference



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

negative interest rates

Janet Yellen stated that she would make negative interest rates if possible. - Marc Faber at the Ira Sohn Conference


Related ETFs: SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG) Agriculture Fund (DBA), ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT) United States Oil Fund (USO), SPDR Gold ETF (GLD), Powershares DB Agriculture ETF (DBA) SPDR S&P 500 ETF (NYSE:SPY), SPDR Dow Jones Industrial Average ETF (NYSE:DIA), iShares Russell 2000 Index (ETF) (NYSE:IWM), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ)
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

It is a fallacy to believe in a depression scenario that government bonds will be attractive

It is a fallacy to believe in a depression scenario that government bonds will be attractive. Because tax revenue will go down and interest payments on the debt would increase drastically. - Marc Faber at the Ira Sohn Conference



Related ETFs: SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG) Agriculture Fund (DBA), ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT) United States Oil Fund (USO), SPDR Gold ETF (GLD), Powershares DB Agriculture ETF (DBA) SPDR S&P 500 ETF (NYSE:SPY), SPDR Dow Jones Industrial Average ETF (NYSE:DIA), iShares Russell 2000 Index (ETF) (NYSE:IWM), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ)
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 monetary policies in the U.S. have been a disaster

The monetary policies in the U.S. have been a disaster but has boosted growth in China because increased consumption in the U.S. led to increased exports from China. For the first time in economic history the emerging markets are larger than the developed world. This will bring about geo-political tensions, especially from the southern Chinese sea. - Marc Faber at the Ira Sohn Conference


Related ETFs: SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG) Agriculture Fund (DBA), ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT) United States Oil Fund (USO), SPDR Gold ETF (GLD), Powershares DB Agriculture ETF (DBA) SPDR S&P 500 ETF (NYSE:SPY), SPDR Dow Jones Industrial Average ETF (NYSE:DIA), iShares Russell 2000 Index (ETF) (NYSE:IWM), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ)
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Prepare for war

I think you have to be prepared for war, and in war times gold does well. And you have to have the gold spread out across the world. Hold gold not gems, because if you are stuck in the jungle in Africa they know what gold is but not necessarily other commodities. - in Ira Sohn Conference



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

China Housing bubble will burst

Marc Faber : ....I think that if we define a bubble by artificially low interest rates and excessive credit expansion then China has a gigantic bubble , but in the contest of economic development the bubble will burst for sure , I do not know tomorrow or in three weeks or in three months and when it burst they will also be also world champions in money printing they will be exactly what Mr Bernanke has done and so I would rather bet that eventually the RMB could weaken against the US Dollar that's why I am not so bearish about the US Dollar right now , I think among the sick currencies it may be OK for the time being ...when the Chinese bubble burst they'll have a recession but as you know the US economic history 1800 to today how many recessions you had ? the civil war world war one depression world war two and the country still kept on drawing and the same could happen in China ...but I mean I go along with Jim (Chanos?) and I think it's a gigantic bubble and it will burst ...and this will have a huge impact on the rest of Asia on Australia Canada Brazil , the resource producers - in Bloomberg TV


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

Bernanke & the Great Depression

Bernanke is an expert on the Great Depression, but he does not know what caused it.
- in Ira Sohn Conference

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 like Treasuries for the long run

Marc Faber : ...well I do not like treasuries for the long run but I think they could rally somewhat for the next three months you know they are not going to collapse for the next three months , and the dollar will probably strengthen against the Euro for the next three months that will be my impression , so if you have large exposure to foreign currencies I would rather now move back to US dollars , I think there is an asset class in the US that is inexpensive but it won't go up but it is inexpensive is real estate , yes very inexpensive compared to the rest of the world ...in investment you have to be patient , the impatient people they always buy things that are moving right at the end of their trend like the NASDAQ in year 2000 like commodities in year 2008 at the peak and so forth and so on ...you better buy things that are depressed even if you have to wait five years but they offer some value"  -  Bloomberg TV




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

Ben Bernanke dropping 1 trillion dollars

"If Ben Bernanke were here right now, he would drop 1 trillion dollars into this room" - Dr. Marc Faber told the Ira Sohn Conference



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 Mexico

"According to Dr. Marc Faber, Mexico, the thirteenth largest economy in the world, is largely misunderstood. Most investors seeking emerging market exposure focus on the BRIC countries. But as Faber points out, Mexico is one of the world's largest developing economies as measured by GDP. On a per capita basis, the Mexican economy is larger than China, India and Brazil.

It is true that our neighbors to the south are coming back from one of the country's worst recessions on record. Reports of upward revisions in growth could translate into the potential for a good long-term investment.

Dr. Faber seems to think so. He continues to be pleasantly surprised by how well the Mexican economy is doing and he thinks it will continue to outperform most emerging markets over the long-term.

His reasoning is as follows; ten years ago Mexican wage rates were 270 percent greater than China's. Now Mexico's wages are only 45 percent higher than China's, and they are trending lower. What this means is that over the next 5-10 years we could see Mexico take over the manufacturing prowess that China currently holds, particularly with Mexico's close proximity to the United States. In theory, as the Mexican wage rate trends lower in comparison to China's, Mexico will attract more manufacturing jobs - thereby growing its middle-class and its economy." - in SmallCapInvestor



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 Ira Sohn investment conference

“You have to prepare for the next war, and, in war commodities go ballistic.” Dr. Marc Faber told The Ira Sohn investment conference Wednesday “You have to prepare yourself. Diversify.”


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 low interest rates and the Crisis

Marc Faber told Ira Sohn Conference : "The low interest rates led to over allocation of capital to the whole housing sector. The Federal Reserve did not realize the crisis until 2007, when the Fed started lowering rates. They also did not realize how widespread the problem was."


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