Bullish on Japanese banks, brokerages and insurance companies

Marc Faber : “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.

Money as a store of value is no longer existent

Marc Faber : ...well I think everybody knows money has different functions one of them is obviously to facilitate the exchange of goods and services the other one is to be a store of value and the third one is a unit of account , and I think that with zero interest rates and cost on living increasing in the order of 5 to 10 percent for most families in the United States , Money as a store of value is no longer existent and that's what I mean with Honest and Dishonest Money , and if look at the monetary base how it's grown since the mid 1980s and especially if you look at M1 that recently has reached the growth rate that is the highest in 35 years then you will ask yourself what will ultimately the value of paper money be - in Bloomberg Radio Interview



 
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 Keynesian economics create again volatility in the market

Marc Faber : Many things don`t make perfect sense because markets are rigged. I am not saying they are rigged by purpose, but artificially low interest rates lead to very high economic and financial volatility and with the intervention, the Keynesian economics, you basically have more and more regulation and more patchwork that creates again volatility in the market. - in Bloomberg Radio


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