Over the last few months, the market has acted very badly

Marc Faber : 'Over the last few months, the market has acted very badly. There are less new hires, the volume has dried out, insider sales have picked up, and this is the beginning of a downward trend. We may easily have a correction of 10-20% here. Most stocks are already down 10% from their highs. Markets have more than doubled from the lows in 2009. The global economy has actually deteriorated. 'It has optically improved because of huge government spending but in principle we are in a worse position today than we were in 2008 and 2009. There will be more money printing and if your are hyper bearish, maybe you are better off in equities than you are in government bonds and cash. I also advocate to own some gold'.



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 Shares Are Extremely Oversold

Marc Faber : Gold shares have become extremely oversold and could rebound in the next few days. - in Seeking Alpha Related, Newmont Mining (NEM), Goldcorp (GG), Barrick Gold (ABX), Yamana Gold (AUY), NovaGold Resources Inc. (USA)(NG)


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

This Is The Beginning Of A Downward Trend

Marc Faber : Over the last few months, the market has acted very badly. There are less new highs, the volume has dried out, insider sales have picked up, and this is the beginning of a downward trend. We may easily have a correction of 10 to 20 percent here. - in Fox Business



  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 Are Overly Optimistic About The Prospects For The U.S. Economy

Marc Faber : Where investors were overly negative last year, they are now overly optimistic about the prospects for the U.S. economy. - in Yahoo Tech Ticker

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

If China Slows Down, Australia Suffers

Marc Faber : If there is a meaningful slowdown in China, then obviously the Australian economy will suffer very badly. - in abc.net.au


 
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 west is in decline

Marc Faber on The Financial Survival Network - 14 Apr 2012

The renowned Dr. Doom also known as Dr. Marc Faber joined FSN today to discuss his latest commentary that it might just be time to start looking at real estate investments in severely distressed markets such as Florida and Arizona. Dr. Faber explained his outlook for the Western Economies, his forecasts for Gold and Silver, and his take on "printing press" economics. Ever voluble, while at the same time sounding the clarion call for the collapse of civilization, Dr. Faber talks about what things make for a happy, satisfying, and content life. Never dull, Dr. Faber has always got a unique perspective on things, which is why his Gloom Boom and Doom Report is must reading.
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

A Correction Of 10 To 20 percent in the Market is Possible

Marc Faber : I think we may easily have a correction of 10 to 20 percent here. Most stocks are already down 10 percent from their highs. - in Fox Business 


 
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 Correction Has Got Underway

Marc Faber : The question is not whether this is a correction. The correction has got underway. The technicals of the markets have deteriorated very badly over the last two months. But the big question: is it the correction or is it the beginning of a more serious downturn. - in CNBC TV-18

 
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 Gold outlook for 2012

Marc Faber :  But the returns have been very good since 1999 and year over year I think gold is still up 12 percent...

I think that gold is in a correction period and we had an intermediate peak on September 6, 2011.

And I always advise don’t put all your money into gold because it doesn’t have any cash flow. So you are really dependent on the price appreciation. That is different from owning, say, equities that have a dividend yield of 5 percent, which I can find in Asia. - 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.

The Technical Underpinnings Of The Market Have Been A Disaster

Marc Faber : The technical underpinnings of the market have been a disaster in the last couple of weeks. The number of new highs have declined, the volume has been poor, insider sales just hit a record. - on the sidelines of the Maybank Invest Asia 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.

Gold: I Still Think We Are In A Correction

Marc Faber : I still feel we are in a correction period and again like in equities, it’s a correction that is somewhat more serious. - 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 Fed Needs a Sympathy Sell-Off To Implement QE3

Marc Faber : I wouldn't want to be in his shoes but if I were in his shoes I would wait for the markets to sell-off to get some sympathy for implementing QE3. It's politically not very easy to implement QE3 now. - in Yahoo Finance 



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 Panacea For A Mismanaged Nation

“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring permanent ruin.” - Dr. Marc Faber quoting Ernest Hemingway in the CFA Institute Middle East Investment 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.

A Massive Wealth Destruction Somewhere Down The Line

Marc Faber : Somewhere down the line we will have a massive wealth destruction that usually happens either through very high inflation or through social unrest or through war or credit market collapse. Maybe all of it will happen, but at different times. - 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.

Marc Faber : You Can Get A Bad Economy With Rising Equity Prices

Marc Faber : I think that people should own some gold and I think that people should own some equities, because before the collapse will happen, with Mr. Bernanke at the Fed, they’re going to print money and print and print and print. So what you can get is a bad economy with rising equity prices. - in Forbes

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

Faber : Japan May Outperform All Other Markets

Marc Faber : I believe that the Japanese market may outperform all the other markets against all expectations in 2012. - 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.

In A Money-Printing Environment I am Reluctant To Short

Marc Faber : In a money-printing environment I'm reluctant to short. But say whereas I recommended investors to increase their positions last October, November, December, now I think that if people are overweight in equities they should reduce positions somewhat...maybe cash. The U.S. dollar is desirable at the present time. - 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.

The Panacea For A Mismanaged Nation

“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring permanent ruin.” - Dr. Marc Faber quoting Ernest Hemingway in the CFA Institute Middle East Investment 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.

Marc Faber : No, gold is not in a bubble

Marc Faber : No, gold is not in a bubble. It wasn’t in a bubble in 1973, either, but it still corrected by 40% then. I don’t believe gold is anywhere near a bubble phase. A bubble phase is characterized by the majority of market participants being involved in a market space. I saw a gold bubble in 1979–1980, when the whole world was dealing—buying and selling gold 24-hours a day, globally. - in Business Insider
 
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 Beginning Of A More Meaningful Correction

Marc Faber : Right now, investor sentiment if anything is rather bullish, the market is overbought, insider selling is very high and the technicals have deteriorated in the sense that in the latest rally,the number of new highs has diminished significantly and so, I rather think that we are at the beginning of a more meaningful correction. - 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.

live with volatility, or stay in bed

"If you cannot live with volatility, stay in bed." - a famous quote from Dr. 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.