Every Inflation Eventually Comes To An End

Marc Faber : We don`t know when it will burst, but I could imagine that every inflation eventually came to an end. Consumer price inflation of the 1970`s came to an end, the asset inflation in equities, notably the Nasdaq in 2000 came to an end, then the commodities boom in 2007/2008 came to an end, the housing bubble came to an end. Seems that all the money is flowing essentially into the hands of well-to-do people in the financial sector. I could imagine a situation where suddenly well-to-do people will suffer the most. Either through increased taxation or through a decline in asset prices. - in FNN Australia

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 Will Never Sell My Gold As Long As We Have People Like Bernanke At The Fed

Marc Faber : I will never sell my gold as long as we have people like Bernanke at the Fed and fiscal deficits as far as we can see. - 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.

Money Not Flowing Into Economic Activity, But Into Asset Prices

Marc Faber : The money (from monetary easing) does not flow into economic activity, it flows essentially into asset prices, into speculation. - in FNN Australia

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

[Video] Marc Faber Dispels the Stimulus Illusion

9/18/2012 - FNN Australia did a Great interview with Dr. Marc Faber chairman of Marc Faber LTD and Editor/Publisher of the Gloom, Boom and Doom Report. Australia Financial Radio.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

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 Next Fed Chairman Will Also Be A Money Printer

Marc Faber : Bernanke is a money printer and, believe me, if Romney wins the election the next Fed Chairman will also be a money printer. - 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.

A Fiscal Grand Canyon

Marc Faber : The money printers are responsible for this crisis. If we continue with this expansionist monetary policy we won’t be facing a fiscal cliff it will be a fiscal grand canyon. - 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.

QE Only Helps The Rich People

Marc Faber : QE helps rich people whose asset prices go up and whose net worth then increases but it doesn’t flow to the man on the street who is faced with higher costs of living with price rises. You just have a small economy that is booming but the majority of the economy is damaged by QE. - 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.

QE Boosts The Price Of Warhols

Marc Faber : The fallacy of monetary policy in the US is to believe this money will go to the man on the street. It goes to the Mayfair economy of the well-to-do people and boosts asset prices of Warhols. - 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.

We Are Headed Towards A Fiscal Grand Canyon

Marc Faber : The money printers are responsible for this crisis. If we continue with this expansionist monetary policy we won’t be facing a fiscal cliff it will be a fiscal grand canyon. - 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 Government Makes Up 50% Of The Economy in The Western World

Marc Faber : If we have an economic crisis in the Western world it’s because the government makes up 50 percent or more of the economy. This is a cancer that is taking away people’s freedom. - 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.

My Investment Strategy : Precious Metals, Equities, Real Estate and Cash

In this environment of negative real interest rates we will have a lot of volatility and there are two strategies you can use. One is to aggressively shift from one asset class to another. The other strategy, involves the more passive approach of dividing a portfolio into four equal components — precious metals, equities, real estate and cash. - in CBS Market Watch

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

European Crisis Opportunity for Investors

Marc Faber : I think investors will look back at the European crisis today and think we should have bought equities in 2012. - in CBS Market Watch
 Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Paper Money Purchasing Power will Go Down

The purchasing power of paper money will go down. - 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.

Congratulations Mr. Bernanke I am happy

The fallacy of monetary policy in the U.S. is to believe that this money will go to the man on the street. It won’t. It goes to the Mayfair economy of the well-to-do people and boosts asset prices of Warhols … .Very happy. Very good for the Fed. Congratulations, Mr. Bernanke. I’m happy. - in Money News

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 Stocks Good Investment

Mar Faber : "I think China stocks are quite a good buy." - speaking during a hedge fund managers’ forum in Hong Kong

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

Equities are Better Investment than Bonds

I don`t like bonds, I don`t particularly like equities, but I think equities are a better space to be in than bonds. - 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.

Kazakhstan: Next Investments El Dorado

Marc Faber : Kazakhstan is a much sounder country than the United States or any European country. - 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.

Own Gold But Don’t Store It In The U.S.

Mar Faber : The trend for gold prices will be steady but the trend for the dollar and other currencies will be down. So in other words gold in dollar terms will trend higher. How high it will go, you will have to call Mr Bernanke and at the Fed there are other people who actually make Mr Bernanke look like a hawk and so they are going to print money. You ought to own some gold but don’t store it in the U.S., the Fed will take it away from you one day. - 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.

QE Helps Rich People Only

Marc Faber : QE helps rich people whose asset prices go up and whose net worth then increases but it doesn’t flow to the man on the street who is faced with higher costs of living with price rises. You just have a small economy that is booming but the majority of the economy is damaged by QE. - 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.

Unlimited QE , Asset Prices & The Mayfair Economy

Marc Faber : This unlimited QE (quantitative easing) , buying mortgage-backed securities (MBS) and continuing operation twist has the implication of simply having asset prices go up and the money flows down to the Mayfair economy . - 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.

Gold Trend Higher In Dollar Terms

Marc Faber : The trend for gold prices will be steady but the trend for the dollar and other currencies will be down. So in other words gold in dollar terms will trend higher. - in Resource Investor

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 Romney Wins, The Next Fed Chairman Will Be A Money Printer Too

Marc Faber : If Mr. Romney wins the election, the next Federal Reserve Chairman will also be a money printer. - 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.

QE Money doesn’t flow to the man on the street

Marc Faber : QE helps rich people whose asset prices go up and whose net worth then increases but it doesn’t flow to the man on the street who is faced with higher costs of living with price rises. You just have a small economy that is booming but the majority of the economy is damaged by QE. - 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.

Bernanke Should Resign

Marc Faber : "If I were Bernanke for sure I would resign after having messed up the US and as badly as Mr Bernanke and Mr Greenspan have done over the last fifteen years," - 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.

Government spending is a cancer

Marc Faber : "Government spending is a cancer that is spreading and taking the freedom of people away and with more and more regulation they are harassing the entrepreneurs," - 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.

QE3 is a Temporary Boost Followed By A Crash

Marc Faber : If I had messed up as badly as Bernanke I would for sure resign. The mandate of the Fed to boost asset prices and thereby create wealth is ludicrous — it doesn’t work that way. It’s a temporary boost followed by a crash. - 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.

As long as you Print Money Asset Prices will go up

Marc Faber : as long as you print money asset prices will go up and you will have negative interest rates so to hold cash is dangerous , bonds are relatively unattractive , so I think that stocks may still go up somewhat , I think that a lot of QE3 and off buying by the ECB of bonds in Europe has been discounted by the market , but if a big QE3 is announced then stocks could rally may be another three , four , five percent and then there will be disappointments so I think that sometimes in the next six months you can buy pretty much everything cheaper than right now ...- in Fox Business News

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 Asian economies have come off the peak

Marc Faber : There has been a very significant economic slowdown globally in real terms. We are in recession in Europe. We have hardly any growth if it was measured properly in the U.S., and in asia, i'm not saying we're in a slump, but we have a tremendous recovery, 2009 to 2011, and just over the last six months the Asian economies have come off the peak. In other words, we have high economic activity but in my view no longer any growth in Asia. - 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 would hold some physical gold regardless of the economic outcome

Marc Faber : I would hold physical gold with a country that has a culture with gold such as Australia. In a collapse, the gold price could fall 50 percent, but if everything else falls by 90 percent, then you are relatively well off. So I would hold some physical gold regardless of the economic outcome. - in CNBC Asia

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

Business Has Definitely Slowed Down Considerably in Asia

Marc Faber : (In) some countries, you know, like vietnam car sales are down 40 percent, steel production or steel usage is down 40 percent from the peak a few years ago. So we have in some countries already a meaningful slowdown and by and large if you talk to businessmen, business has definitely slowed down considerably. - 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 larger the Government is, the larger the abuse is in a system

Marc Faber : This is a very dangerous trend, and I will always, always fight governments on every level I can because the larger the government is, the larger the abuse is in a system. - 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.

Holding Physical Gold in a Country like Australia

Marc Faber : I would hold physical gold with a country that has a culture with gold such as Australia. In a collapse, the gold price could fall 50 percent, but if everything else falls by 90 percent, then you are relatively well off. So I would hold some physical gold regardless of the economic outcome. - in CNBC Asia

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

Global Financial Collapse in The Next 3 - 9 Months

Marc Faber : I personally think that for the next three to six-nine months, equity markets will rather go down than up and a better buying opportunity will occur at some point in this period over the next nine months. - in India Economic Times

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

European Markets Could Easily Correct 10 To 20 Percent From The Recent Highs

Marc Faber : I think European markets could easily correct 10 to 20 percent from the recent highs that we have had, but I don’t envision new lows. I bought some shares in Portugal, Spain, Italy, and France, and after I bought them in the last three to four months, the market rallied strongly. I am negative on equities for the next three months, I’m not saying they will collapse but they will go down and I will add to my positions when the market corrects here. - in Squawk Box CNBC Asia

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

European Equity Markets Safer Than Bank Deposits

Marc Faber : Also if you are an investor in one of these countries (Italy and Spain), what are you going to be more comfortable holding — the deposits in one of your banks or equities? So, I think a lot of money is flowing into these equity markets because the perception is that they are safer than bank deposits. - in Squawk Box CNBC Asia

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

Jackson Hole Meeting did not produce anything

Marc Faber : Basically the Jackson Hole meeting did not produce anything that we investors did not know before. What was basically articulated by the Fed Chairman, Mr. Bernanke, was that if conditions warranted, there will be more QE3 and the conditions will eventually warrant more QEs and there will be QE3. The question is when will it happen and to what extent have equity markets and also property markets in the US already discounted QE3. - in Indian Economic Times

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

Some European Stocks Are Now Very Cheap

Marc Faber : The European markets, some of them like France, Italy, Spain, Greece and Portugal, two months ago were either below the 2009 low or close to the 2009 low on the S&P 500 Index that would be the equivalent of 666 (index points). So relative to other markets, some European stocks are now very inexpensive - in Indian Economic Times 

 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 : Invest in Italy, Spain, Portugal or France

Marc Faber : I would say the opportunity in my opinion, and as I have written about this in my reports, is essentially to now pick up some European shares at very distressed valuations.
Two years ago a book was published 'Invest in Europe Now'. Of course the timing was not particularly good and the markets since then in Europe have completely imploded. Now recently the markets have bounced off their lows in the case of Italy, Spain, Portugal and France by between 18% and 30% from the lows in June-July. The correction is now coming, but I do not think we will see new lows because whereas two years ago the sentiment was very optimistic about the Euro and about Europe, now it is at an extremely negative reading.
There is nobody who has anything favorable to say about Europe, but stocks are at discounting mechanism and they have pretty much discounted all bad news. - - in Indian Economic Times
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Industrial Commodities Will Remain Under Pressure

Marc Faber : I am not that optimistic that we are at the beginning of a large rally in commodities in general because industrial commodities will remain under pressure due to the fact that the Chinese economy is slowing down considerably. - in Indian Economic Times

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

M&A Is Strong In Asia

In Asia we have a lot of takeover activity and much more will happen. - 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.

Different Levels Of Success

Marc Faber : Success comes on different levels in life. You can have monetary success and you can have success because you are a nice doctor that helps poor people and you can have success by keeping the garden of your boss in perfect condition. I am not a kind of a person that values success very highly for people that have business success or are famous. Fame is totally irrelevant. Three years after you and I die, nobody will know us and talk about us. - in media.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.

When Asset Prices Go Up, Wealth Inequality Increases

Marc Faber : If we look to the last 10 years in the United States, I would imagine that the standard of the average household, of the median household has gone down. There has been a polarization of wealth because if you print money, it benefits people that have assets. When asset prices go up then obviously wealth inequality increases. - 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.