Gold shares could go up 30 percent in 2014

Given all the money printing that is going on globally . . . and given that the total credit as a percentage of the advanced economies is now 30% higher than in Year 2007 before the crisis hit, I think Gold is good insurance. I think Gold shares are very inexpensive. So a basket of Gold shares I think next year could easily appreciate 30 percent.

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

Singapore, Hong Kong better now than 15 years ago

The difference between the wealth and income inequality in Singapore and Hong Kong, and that in the US, is that most people in these two cities (the so-called 90%) enjoy better living conditions than 15 years ago and their net worth has appreciated, whereas in the US this is not the case.

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 is Sounding Like a Reluctant Bull

Amid all the steady-as-she-goes predictions for the S&P 500 SPX -0.01% Marc Faber is predicting U.S. markets could rise another 20% from here.

But unless you have the temerity to get in then get out quick, it’s already too late to profit.

“They may go up another 10%, maybe even 20%, but the risks have increased significantly and I don’t think equity investors in the U.S., aside from a short-term trading opportunity, will reap very high returns in the future,” said Marc Faber, outlining his expectations for 2014 in an interview with King World News on Monday. Since 2010, said Faber, U.S. markets have massively outperformed compared to emerging economies.

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