Tracking Dr. Marc Faber of The Gloom Boom and Doom report , Marc Faber nicknamed Doctor Doom , a world class investor and a regular speaker at various investment seminars, Dr Marc Faber is well known for his "contrarian" investment approach.
Marc Faber: Look. The forecasting record of people is horrible,
in particular, the forecasting record of the Federal Reserve. So, I
don't know, maybe it will go below $1,000 but my sense is that it will
not stay below $1,000. .... I would use the current weakness as a buying
opportunity. ... I'm telling everybody, you as an investor, and me as
an investor, we cannot trust the government. ... I am my own central
banker. I keep my own physical gold. I do not trust anyone of these
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.