Marc Faber – Don’t Worry About China’s Use Of Industrial Commodities

“I think oil consumption in the world will continue to go up.” “But for some industrial commodities like iron ore and copper, China has probably reached a level where demand may not contract, but won’t go up dramatically” - Marc Faber in the Australian

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 – When The Sell Off Will Happen

“The stock market’s run will result in either a 20 percent correction or a more nasty sell off at some point this year.” “We’re up very substantially, I think investors who today rush into stocks should be reminded of that.” “There are two possible scenarios. Either a 20 percent correction for stocks and then a move higher, or a scenario that is similar to 1987 or 2000 when stocks rise strongly early in the year only to drop sharply.” - 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.

Buy something that is depressed

Faber has been calling for gold to outperform stocks, but acknowledges that the yellow metal has been in a correction. "I'd rather buy something that is relatively depressed than something that is relatively high," he said. But while Faber expects a correction for equities, he still owns some stocks. "The equities I own, I bought in 2008 and 2009 in Asia," he said. "The Philippines, Indonesia, Thailand, where I have most of my holdings, are up four or five times since then." Faber added, "I'm not short stocks. But I'm very worried about it."

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 worried but not short stocks

The equities I own, I bought in 2008 and 2009 in Asia. The Philippines, Indonesia, Thailand, where I have most of my holdings, are up four or five times since then. I'm not short stocks. But I'm very worried about it.

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