Emerging markets will expand

Marc Faber : “I do not think that investors fully appreciate the enormous shift that has and is occurring in the balance of economic power from the Western world to emerging economies,” “I happen to feel that somewhere in the world we can make 7% on equities for the next 10 years,” “I can buy you a portfolio of high-dividend stocks in Asia that would have a yield of 5% to 7%.” “They have a better loan portfolio than the European banks,” Faber said of Japanese banks. “The banks in Asia are in a very solid position. All these are a play on the recovery in the stock market in Japan.” - in www.ibtimes.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.

Gold is worth its weight

Marc Faber : “The function of paper money is to facilitate the exchange of goods and services, to be a store of value and a unit of account — the U.S. dollar fails on all three,” . “Intelligent people, instead of holding cash in U.S. dollars with zero interest rates, why not hold money in gold and silver?” “Physical gold in a safe deposit box is the safest,” “Forget about huge capital gains. I would look at capital preservation. I want to preserve my capital.




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 Prices : I Hope It Will Drop 100 Or 200 Dollars

Marc Faber :The gold price is coming down, and I hope it will drop 100 or 200 dollars. Not necessarily a prediction. I think we will go down in a correction because there has been too much enthusiasm recently. - 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.

There is hardly any growth in the western world

Marc Faber : I think we never really came out of the last recession in many different sectors of the economy, although in some sectors we came out. And when you look at the world, the emerging market has continued to grow throughout the period from 2008 up to today. There is a slow down occuring in emerging economies but in the western world there is hardly any growth. - 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.

Banks In Asia Are Sound

Marc Faber : Banks in Asia are reasonably sound because they never went and invested in all kinds of Greek bonds, and Portuguese bonds and so on and so on. - 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.