Marc Faber on Investment Newsletter business

In general, the newsletter business is not a particularly good business any more. For me, it’s still a good business but we have a lot of competition [with] free newsletters. An investor wants to be informed and can get precisely the same­ information I have [in my newsletter] all free of charge.

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

Everybody is a Momentum Player

"I'm not a believer in the manipulation theory. I'm not a believer in all the conspiracy theories. I'm a believer that the market went down because there was a technical break and also because stocks are so strong. So, when people look at their gold and they look at the stock market that goes up every day, they then decide ‘Gold is dead. Let’s buy stocks’ because, at heart nowadays, everybody is a momentum player. The fund managers who must outperform the index, the hedge fund guys, the high-velocity trading people, the algorithmic people – they’re all momentum players. What moves up, they chase. What moves down, they sell." - Source, 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.

Marc Faber bullish on Vietnam stock market

There is an opportunity in the Vietnamese share market despite some mistakes made by the ­government since the country was opened up to the West about 10 years after China. I don’t think the market will run away right away but if you take a long-term horizon, five to ten years, I think you will make some money in Vietnamese shares.

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 on Investment patience

If a year ago I told you ‘look you should buy some Japanese shares’, then for nine months you would have complained and said ‘look I bought ­Japanese shares and they never move, and all the other markets are moving up’. I always tell people if you want to be a successful investor you also have to have some patience and you can’t measure your performance according to an index.

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

Bonds can be similar to equities in stock crash

In 2008 when the sharemarket went down by 50 per cent these bonds also got hit because the spreads widened. These corporate bonds have an equity character; they’re not pure.

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 US Can Artificially Depress Prices

"Well, safe country? I'm not so sure about that under the present government. But in 1933, gold was taken away from Americans. The government paid them $25 and after, they revalued the gold to $35. So, basically what the government can do once again, and that is a possibility. They could artificially depress, manipulate the price down and then say ‘Gold is illegal to be held. We have to collect all the gold from the citizens.’ Say if they manipulated the price down to $1,000. They could collect it at $1,000 and then revalue to $10,000." - Source, 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.

Depreciation in the Value of Money

"I think that the purchasing power of money has diminished very significantly over the last ten, twenty, thirty years, and will continue to do so. So by being in cash and government bonds is not a protection against this depreciation in the value of 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.

Marc Faber "I love the Fact that Gold is Finally Breaking Down"; Gold vs. Apple; Patience, Gold, Japan

Marc Faber loves that gold is finally breaking down. The reason is not to gloat, or a prediction. Rather "gold will offer an excellent buying opportunity".

Marc Faber on Bloomberg TV on the Fall in Gold Prices

"I love the markets. I love the fact that gold is finally breaking down. That will offer an excellent buying opportunity. I would just like to make one comment. At the moment, a lot of people are knocking gold down. But if we look at the records, we are now down 21% from the September 2011 high. Apple is down 39% from last year's high. At the same time, the S&P is at about not even up 1% from the peak in October 2007. Over the same period of time, even after today's correction gold is up 100%. The S&P is up 2% over the March 2000 high. Gold is up 442%. So I am happy we have a sell-off that will lead to a major low. It could be at $1400, it could be today at $1300, but I think that the bull market in gold is not completed."

"$1300. Nobody knows for sure but I think the fundamentals for gold are still intact. I would like to make one additional comment. Today we have commodities breaking down including gold. At the same time we have bonds rallying very strongly. If you stand aside and you look at these two events, it would suggest that they are strongly deflationary pressures in the system. If that was the case, I wouldn't buy stocks or sovereign bonds because the stock market would be hit by disappointing profits if there was a deflationary environment."

On gold falling lower if we have a deflationary environment:

"Yes, I agree. That's why I said if the gold market collapse is saying something about deflation and at the same time we have this sharp rise in bond prices and the signals are correct that we have deflation, I wouldn't buy stocks because in a deflationary environment, corporate profits will disappoint very badly."

On whether a deflationary environment is possible right now:

"Everything is possible…In the economy of the cuckoo people that populate central banks, everything is possible. What you have is gigantic bubbles, the NASDAQ in 2000, then the housing bubble and then commodities in 2008 when oil went from $78 to $147 before plunging to $32 within sixth months. That kind of volatility comes from expansionary monetary policies from money-printing."

"All I'm saying is that I think we're going to have a major low in gold in within the next couple of weeks. Gold, as of today, you should actually buy as a trade. I think it can rebound in the next two days by $40."

On why gold will rebound $40 in the next two days:

"Because we are about in gold as oversold and we were essentially during the crash in 1987. From there we have a strong rebound. All I am saying as a trader I would probably enter the market quickly for a rebound of $20 or $40. From a longer term perspective, I would give it some time. We may go lower. I am not worried. I am happy gold is finally coming down, which will provide a very good entry point."

On whether investors should also stay in cash:

"My argument is that you should always have in this kind of high volatility environment a fair amount of cash because opportunities will always arise again and again and if you have cash you can then buy assets at a reasonable price. I think Patience is very important in this environment. The question is, how do you hold your cash? Hopefully not with a Cyprus bank.




 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 on Australia boom bust economy

Australia has always been a boom-bust economy and probably always will be. It’s no use producing cars in Australia because the market is small and the labour cost relatively high.

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 on Australia investing:

Have been moderately positive about Australia for years thanks to the resources boom but now concerned of a huge credit bubble on the household level. These debts will be a burden for years to come. Once you are so heavily indebted, then obviously your consumption will grow at a slower pace.

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 - Mining is a tough business

I’m on the board of some mining companies. They’re always optimistic about the price of copper, the price of gold and the outlook for mining. As a director of these companies I can tell you mining is a very, very tough business. Extremely difficult. You have to deal with finding resources, exploiting the resources, and then comes the big question mark, the environmentalists, the government, expropriations and increased royalties. These are all huge risks.

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 on Vietnam opportunities

In Vietnam we also have some involvement in real estate – in hotels and land developments in the Danang area. Danang is midway between the north Hanoi and the south Saigon on the coast, and during the war used to be the largest American airport outside the US. That whole coast is called China beach. . . the development is really mind boggling. You might also like:

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 advises Gradual gold accumulation

Investors should be their own central banks and gradually accumulate gold reserves as a currency, rather than speculating in 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.

Marc Faber on market trends

As I mentioned before, you don’t know exactly where markets will be in a year’s time. So at times you catch a trend very well and other times you’re not doing particularly well.

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 expecting markets to come down one day

The creation of liquidity has badly distorted the way assets are priced. Maybe the US market will continue to go up. But obviously one day, the markets will come down again and then the impact of declining asset prices on the economy will be interesting to see.

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 on Australia boom bust economy

Australia has always been a boom-bust economy and probably always will be. It’s no use producing cars in Australia because the market is small and the labour cost relatively high.

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 on Australia investing:

Marc Faber on Australia investing: Have been moderately positive about Australia for years thanks to the resources boom but now concerned of a huge credit bubble on the household level. These debts will be a burden for years to come. Once you are so heavily indebted, then obviously your consumption will grow at a slower pace.

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 comments on Asset market breaking bad

Marc Faber comments on Asset market breaking bad Asset markets are in the sky and the economy of the ordinary people is in the dumps, where their real incomes adjusted for inflation are going down and asset markets are going up. Something will break very bad.

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 cautious on Australia

Dr Marc Faber of the Gloom Boom and Doom report is said to be moderately positive about Australia for years thanks to the resources boom but is now concerned of a huge credit bubble on the household level. These debts will be a burden for years to come. Once you are so heavily indebted, then obviously your consumption will grow at a slower pace.

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 US Can 'Artificially Depress' Prices And Confiscate Your Gold

Marc Faber, publisher of The Gloom, Boom and Doom report, told Talking Numbers that he is buying physical gold and will buy more if it hits the $1,300 mark. But, he said that he isn't keeping it in the U.S. "I bought gold at $1,400, I buy every month …

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 Wont Keep Gold In America – Business Insider

Marc Faber, publisher of The Gloom, Boom and Doom report, told Talking Numbers that he is buying physical gold and will buy more if it hits the $1,300 mark. But, he said that he isn't keeping it in the U.S. "I bought gold at $1,400, I buy every … 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.

Best currency is Gold and Silver

I still believe the best currency is gold and silver, and this is not the perception of most people. They believe gold and silver are speculative investments.

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 advises Gradual gold accumulation

Investors should be their own central banks and gradually accumulate gold reserves as a currency, rather than speculating in 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.

Random Jim Roger: Marc Faber Quote

Mark Faber Quote. Faber: In the 40 years I've been working as an economist and investor, I have never seen such a disconnect between the asset market and … Random Roger: Marc Faber Quote

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

Why 'The Great Canadian Short' is a buying opportunity

 A few days ago, Marc Faber, editor and publisher of The Gloom, Boom and Doom Report, told The Globe and Mail that Canadian real estate is in bubble territory while household debt levels are high, raising the risks of investing in any lending institution.
Why 'The Great Canadian Short' is a buying opportunity



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

Dr. Marc Faber's Gloomy Market Outlook

In a recent interview, Dr. Marc Faber, the author and publisher of the Gloom Boom and Doom report, talked about his near-term gloomy outlook for equities. This article discusses his views and lays down further reasons to remain cautious on equities in …
Dr. Marc Faber's Gloomy Market Outlook



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 Path of Money Printing

"In general, I think that the purchasing power of money has diminished very significantly over the last ten, twenty, thirty years, and will continue to do so. So by being in cash and government bonds is not a protection against this depreciation in the value of money. The central banks around the world gone the path of money printing and once you choose that path you're in it, and you have to print more money." - Marc Faber, author of the Gloom Boom and Doom Report.

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

How Do You Hold Cash?

If you have all your money in the bank, you could lose 40% to 60% of your deposit." - Source, 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.

And Now For Some Totally Different Advice From Marc Faber | Zero Hedge

While we have all heard the apocalyptic prognostications by the accented Swiss, and there is little doubt where the Gloom and Doom reside, here is some very …
And Now For Some Totally Different Advice From Marc Faber | Zero Hedge


 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 comments on Asset market breaking bad

Asset markets are in the sky and the economy of the ordinary people is in the dumps, where their real incomes adjusted for inflation are going down and asset markets are going up. Something will break very bad.

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: Something will break very bad

In the 40 years I’ve been working as an economist and investor, I have never seen such a disconnect between the asset market and the economic reality. Asset markets are in the sky and the economy of the ordinary people is in the dumps, where their real incomes adjusted for inflation are going down and asset markets are going up. Something will break very bad.

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: I bought more Gold at $1400

Nobody knows whether it’s a good time to buy gold or not…as I have repeatedly said in my reports, I buy gold every month and on the recent decline I bought more at $1,400 and I have an order at $1,300 and one at $1,200 and one at $1,100 an ounce. But they were not filled, just the $1,400. I will never sell my gold, as I repeatedly told people. My maximum allocation to gold at present time is 25 per cent of assets.”

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

Stocks could crash this summer 2013

What was the trigger of the ‘87 crash when markets fell 21 per cent in one day? What was the trigger of the Nasdaq crash in 2000? What was the trigger of Japanese crash of 1989? What was trigger of 2007 crash that brought global stocks down 50 per cent? We don’t know these things ahead of time, but something will always move markets up and something will always move them down. I would guess at the present time, given markets from the 2009 lows have in many cases increased by as much as 100 per cent, that they are no longer very cheap. .... Something could come along, geopolitically or otherwise. I would be very careful being overweight equities. I still have 25 per cent in equities and 25 per cent in corporate bonds.

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

Canada has higher levels of household debts than in US

Canada has also higher levels of household debts than in US. With the higher leverage in Australia and Canada, I think I’d be very careful about any lending institution [in Canada]

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

Canada has higher levels of household debts than in US

Canada has also higher levels of household debts than in US. With the higher leverage in Australia and Canada, I think I’d be very careful about any lending institution [in Canada] - in the globeandmail


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

Dr. Doom Marc Faber is feeling gloomy about Canada

Marc Faber, editor and publisher of The Gloom, Boom and Doom Report, was late to arrive to our Tuesday live discussion at Inside the Market alongside David Rosenberg. But we posed some of the questions you left for him in a later telephone conversation.
Master of doom Marc Faber is feeling gloomy about Canada



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 – I’ve Been Thinking Extensively About Cash

Marc Faber appeared on CNBC to talk about the recent appropriations of bank deposits. He explains how he has thought the situation through.

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 Pulls Prank On CNBC

Being a good sport about his nickname “Dr. Doom”, Marc Faber holds up a sheet of paper on which he had written “The End Is Near”. I don’t think this footage was ever aired.

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 Bonds Should be Rated Junk!

Marc Faber states that US bonds should already be rated junk! Also he discusses the growing US deficit.

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

World to face violent business cycles

The world economy is nowhere near to achieving stability, but could face more violent business cycles, largely resulting from government intervention in financial markets. So far, governments in the developed world have been addressing long-term structural economic problems such as low economic growth and persistent unemployment with short term fixes, largely through big doses of liquidity.

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 on China Soft Landing

Everyone is talking about a soft landing of China through a managed deflating of the bubble. If there are signs of a crash, we can almost certainly expect a massive liquidity infusion into the economy.

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 Wealthy could lose half their wealth

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 a credit market collapse. Maybe all of it will happen, but at different times.” People may lose up to 50% of their total wealth. They will still be well-do-to. Instead of having a billion dollars they will have five hundred million.

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 Correction I Predicted Hasn’t Happened…

“Markets are significantly overvalued and we are not seeing the economic growth story being supported in the commodities market.” “There are some people now calling for DHIA 18,000 or 20,000 by year end.” “The S&P could then easily drop by 40%. The market needed the correction starting in February or March, it did not correct, pull back, just dipped and buyers bought the dips into record territory.” “I thought maybe we were in a year like 1987, where the market goes up strongly between 1 Jan and 25 Aug. 25. The market went up by 40% and then it crashed by 40% in 2 months.” - Dr. Faber said in a recent TV 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.

huge wealth and income inequality

Marc Faber : “As a result of the Federal Reserve’s monetary policy,” Marc explained, “huge wealth and income inequality [was created]…You have 1% of the people in a system that benefited incredibly from rising asset prices…[and] a lot of people are dissatisfied. They have the same vote as the 1%, except they are the 99%…so to them, it will be very acceptable to take money away from the 1%…In the end something [big] will happen…what I would really hate is if one day the government comes and says, ‘Okay, we’re going to take 50% of your money and give it to social programs…I think that is a real threat.” - in bullmarketthinking

 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 Next Danger Level is Default

Global Recession Is Coming Marc Faber

Marc Faber appears on CNBC and says that Euro Bonds are coming. He discusses how the United States and Europe have many problems to work through.

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

cash and bonds are not a protection

The central banks around the world gone the path of money printing and once you choose that path you’re in it, and you have to print more money. If you start to print, it has the biggest impact. Then you print more - it has a lesser impact unless you increase the rate of money printing very significantly. And, the third money printing has even less impact. And the problem is like the Fed: they printed money because they wanted to lift the housing market, but the housing market is the only asset that didn’t go up substantially. In general, I think that the purchasing power of money has diminished very significantly over the last ten, twenty, thirty years, and will continue to do so. So by being in cash and government bonds is not a protection against this depreciation in the value of 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.

Gloom Boom Doom report - May 2013

First, I am discussing capital flows and the general belief among some economists that trade and current account deficits do not matter because the money flows back in the form of investments in equities, bonds, real estate, direct investments, and corporate takeovers. According to Barron’s Big Money Survey, “74% of large portfolio managers are bullish about stocks, which is the Highest Level Ever.” Time to be a contrarian? I am reluctantly maintaining an approximately 25% weighting in equities (mostly in Asia and in Europe) and I have not yet shorted any stocks because I have learnt that a bubble can get bigger still and exceed my expectations - before it implodes violently. I want to make clear that I own equities not because of the belief that they are inexpensive and that they will move up substantially but because I do not trust the banking system and, therefore, I do not wish to be overexposed to bank deposits. Finally, has gold completed its correction and are we entering another major advance as the gold bugs tell us, or are we at the beginning of a major gold bear market as the bears want us to believe?

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

being in cash and government bonds is not a protection

The central banks around the world gone the path of money printing and once you choose that path you’re in it, and you have to print more money. If you start to print, it has the biggest impact. Then you print more - it has a lesser impact unless you increase the rate of money printing very significantly. And, the third money printing has even less impact. And the problem is like the Fed: they printed money because they wanted to lift the housing market, but the housing market is the only asset that didn’t go up substantially. In general, I think that the purchasing power of money has diminished very significantly over the last ten, twenty, thirty years, and will continue to do so. So by being in cash and government bonds is not a protection against this depreciation in the value of 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.