Marc Faber – 25 Minutes of Economic Sense

Listen in for 25 minutes of economic common sense by Marc Faber

Alasdair talks to Marc Faber, publisher of the Gloom Boom & Doom (new.gloomboomdoom.com) Report. Marc discusses his 40 years of experience in capital markets and the lessons he has learned. He looks at the underlying nature of the American economy and details the problems arising since 2007. Money printing — along with the insidious effects of underreported inflation — is to some extent disguising the sorry state of the US economy. Faber is cautious on China, and when questioned about Cyprus and the loss of depositor funds, raises pertinent points about the problems that deposit insurance may cause and what the ramifications of the bailout conditions in Cyprus may have on otherwise conservative 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.

Marc Faber : There is Too Much Paper Money

Author of the Gloom Boom and Doom Report, Marc Faber appears on CNBC's "Squawk Box". He discusses gold, inflation and the federal reserve. He says too much paper is being printed worldwide. - 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.

Even the worst asset has a good price and can double

The worst asset has a price at which a purchase is advisable - it can go up. I always say if Greece can double in price, any garbage in the world can double in price. A while ago the best asset to own was the most widely held hedge fund stock - Apple and it tanked 37 per cent. Now it can rebound but I’m saying it doesn’t matter what you buy, it’s the price at which you buy something that matters.

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