Relatively Cautious Stance Towards The Asian Markets

At present, there is high level of economic activity in India as well as China and Southeast Asia, but India is not growing anymore. Hence, I will take a relatively cautious stance towards the Asian markets. - in ET

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 Will Have A Colossal Mess Everywhere In The Western World Within 5 To 10 Years

Eventually, you have either huge changes occurring in a peaceful fashion through reforms, or, usually, through revolutions. I think the timeframe would be within five to ten years you have a colossal mess everywhere in the Western world. I think the deficit here in the U.S. — irrespective of who is in the White House — will stay above a trillion dollars per annum for at least as far as the eye 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.

My Medicine For The U.S.: Reduce Government By Minimum 50%

My medicine for the U.S. is: Reduce government by minimum 50 percent. The impact would be immediately an improvement in the 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.

The Chinese Economy Is Slowing Down Rapidly

The Chinese economy is slowing down rapidly. In my opinion, it is not growing at any more than 4 percent now. - in 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.

Eurozone Breakup Possible

Marc Faber : I do not think it will happen right away because the politicians want to keep the Eurozone intact, but the situation in Portugal, Greece, Spain, Italy and even France is actually unsustainable in the long run because of the unfunded liabilities. So a Euro break up will probably happen sometime in future, but not for another three or five years. - in 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.

A Weak Yen Could Be A Trigger For Japanese Equities

The Chinese economy is slowing down rapidly. In my opinion, it is not growing at any more than 4 percent now. The market was at 6000 in 2007, and today we are down to around 2000. Clearly, the market has already discounted a lot of bad news and if a junk country like Greece could rally from the lows of 65 percent, we can expect a trading rally in China of 20-30 percent over the next 4 or 5 months. Additionally, the Japanese Yen has begun to weaken and that should be a positive trigger for Japanese equities. - in 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.

US Market Have Peaked Out And We Are In A Downtrend

Marc Faber : We have peaked out recently a couple of weeks ago and we are in a downtrend. Eventually, the markets will be down 20%, but will be oversold in about 10 days' time to two weeks' time. So there can be a year-end rally, but certainly no new highs in the markets. - in 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.

If You Can’t Take A 20 Percent Decline, Don’t Get Out Of Your Bed In The Morning

I believe globally we are faced with slowing economies and disappointing corporate profits, and I will not be surprised to see the Dow Jones, the S&P 500, the major indices, down from the recent highs by say, 20 percent. That is not a big decline. If you can’t take a 20 percent decline, don’t get out of your bed in the morning. - 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 Fiscal & Monetary Stimulus Works On The Economy

I don’t believe fiscal and monetary stimulus works on the economy. It may have side effects and unintended consequences, but it is not empirically proven that if you throw money at the system you solve any problems. - 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 Greatest Garbage Could Rebound

If Greece could rebound by 65 percent the greatest garbage could rebound by 65 percent,"  Faber told CNBC’s “Squawk Box.”  Watch full interview here >>>>>>

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 Most Important Investment You Ever Make

The history of the human race is a history of war. And the next war may not be groups of tanks facing off with one another. I can imagine that London's water or electricity will be cut off. Or, the system of internet connections...or the electronic banking system... will be shut down. We all depend on those things much more than we realise. Society has become very complex and very interdependent. A breakdown anywhere could mean a breakdown of the whole system. That's when you'll wish you had followed my advice and gotten a farm where you could be more or less self-sufficient... at least for a while. That could be the most important investment you ever make. - The Daily Reckoning

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

Reduce Government By Minimum 50 Percent

Marc Faber : My medicine for the U.S. is: Reduce government by minimum 50 percent. The impact would be immediately an improvement in the 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.

US Stocks Are Going To Go Down 20 Percent

Marc Faber : I think here we’re going to go down 20 percent from the recent top at 1,470. The technical position of the market is poor and the corporate earnings are worsening. And I believe that if the statistics were precise – which they aren’t – (…) I think there’s 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.

People Have A Tendency To Rush Where Others Are

Marc Faber : People are tempted by what is hot. Suppose you open two identical restaurants next door to each other. They have the same menu, the same décor, and the same manager at the entrance. If during the first 10 days after opening, you paid people to line up in front of one of the restaurants, I guarantee that one would be packed with diners all the time and the other, identical one next door, would be empty, because people have a tendency to rush where others are. - in Trading the World`s Markets

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 Is Growing At Maximum 4%

Marc Faber : “I think at the present China is growing at maximum 4 percent.” - in the IMF/World Bank annual meetings

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 don't particularly like Chinese companies

Marc Faber : ...actually I do not think there is a hurry to buy anything but if I have to really choose anything I might go for rebound in Chinese stocks because the Chinese will also print money after the government changes and you could easily get twenty thirty percent rebound , i personally I don't particularly like Chinese companies I would rather play it through the Hong Kong market ...- in CNBC Fast Money

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

Downside Risks

“I just want to have a lot of cash because within the next 6-9 months we can buy just about anything 20 percent lower.” - 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.

if Obama is elected, I think the Dow Jones should be negative

Marc Faber : "Because if I look at the presidential candidates today, if Obama is elected, I think the Dow Jones should be negative-13,473, and if Romney gets elected, it should be minus 6,000." - 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.

There Is Inflation In The System But It’s Not Obvious

Some economists say that there is little consumer price inflation. But there is, because the money-printing has lifted asset prices like those for luxury property, art, equities or bonds. There is inflation in the system but it’s not obvious. - in Emerging Markets

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

Standards Of Living Will Continue To Decline In Europe

Marc Faber : Over the next five years or so, we will witness slow growth or no-growth in Europe, coupled with continuing drop in the standard of living, both in the US and Europe. - in Business Standard

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

US Elections: Candidates Are Clueless And Artificial

"Both candidates are clueless and completely artificial..." - 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.

Markets May Have A Serious Setback

Marc Faber : Basically, I think QE3, which I think is unlimited, and bond purchases by the ECB bailout of countries have been largely discounted by the market, and the markets have been weaking technically, so I believe that we may have here quite a serious setback. - 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 Have A Lot Of Cash At The Moment

Marc Faber : I have a lot of cash at the moment, because on this rally since April I have been lightening up on positions. - 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.

20 Percent Downside Risk

Marc Faber : I just want to have a lot of cash because I think that within the next six to nine months we can buy just about anything 20 percent lower than it is now. - 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.

Investing: It Is Very Difficult To Beat Compound Interest

Marc Faber : In think, in general, it is very difficult to beat compound interest. If you had invested money at the time of the birth of Christ at just 5 percent, you would have a higher net worth today than that of the entire world. - in Trading The World`s Market - Interviews With The World Great Global Investors

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

Stock Markets Can Easily Drop 20 Percent

Marc Faber : I am now bearish about practically all assets near term I think we’re entering a correction time where there will be some disappointments, where stock markets, from the recent times can easily drop 20 percent. - 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.

Risky Assets Will Face Some Profit Taking

Marc Faber : I’m not 100% in cash, for the simple reason that I could be wrong, but in general I think that people that have a heavy exposure to assets being that equities, or gold, or other commodities. I think they will face some profit taking here. - 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.

We Are Entering A Correction

Marc Faber : In fact, I am now bearish about practically all assets near term. I think we’re entering a correction time where there will be some disappointments, where stock markets can easily drop 20 percent. - 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.

Gold Has Had A Huge Rally And Needs A Correction

Marc Faber : Gold has had a huge rally — the low was $1,522 last December and we are now over $1,700 and I think we need a correction here. - 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 Thai Banks Are Safer Than Many Western Banks

Marc Faber : Now I happen to believe if you have money on deposit in Thai banks, it's much safer than if you have deposits with Citigroup, UBS, Royal Bank of Scotland and so on, because Thai banks don't have huge derivative portfolios. JPMorgan, they have trillions of dollars in derivatives. Nobody knows how to value this 'garbage.' - in China Post

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 - US Economy 100% Chance of Another Recession

Marc Faber : “It has a huge rally from around – the low was a 1522 last December and we are now over 1700 and I think we need a correction here. In fact, I am now bearish about practically all assets near term I think we’re entering a correction time where there will be some disappointments, where stock markets, from the recent times can easily drop 20%.”

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

Wealth Inequality And The Income Inequality Is Far Larger Than 20 or 30 Years Ago

Marc Faber : Basically we have one thing for sure, is that today the wealth inequality and the income inequality between say the 1 percent wealthiest people and the 99 percent that are less wealthy is far larger than it was 20 or 30 years ago. And very clearly money printing historically has always benefited a few at the expense of the many. - in a recent interview on asset bubbles
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.