Stocks can rally a little bit more

I think, the S&P may make a new high sometime at the end of the month, but it would not be accompanied by the majority of stocks making new highs. Last year, there were about as many stocks down as there were stocks up, and in my view we’ll have a lot of volatility this year.
Everybody is bullish about the U.S. dollar. The bullish consensus about stocks is still very high. The bullish consensus about U.S. bonds is extremely high and the bearish consensus about the euro is extremely high and about commodities and oil and so forth.




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

We could have a reversal, a trading rally in oil,

I think, the S&P may make a new high sometime at the end of the month, but it would not be accompanied by the majority of stocks making new highs. Last year, there were about as many stocks down as there were stocks up, and in my view we’ll have a lot of volatility this year.
Everybody is bullish about the U.S. dollar. The bullish consensus about stocks is still very high. The bullish consensus about U.S. bonds is extremely high and the bearish consensus about the euro is extremely high and about commodities and oil and so forth.
We could have a reversal, a trading rally in oil, a trading rally in euro and setback in U.S. bonds and a little bit of rally in U.S. stocks, but not much


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 Dollar is Not the Ugliest Currency

If the US buys its own bonds, then because of the status of being a reserve currency, they basically buy their own currency. If foreign governments would start to ease massively, then I suppose the currencies would weaken.
Now, you may say, “Well, why did the dollar strengthen amidst the fact that the US has printed money?” Well, there are some reasons. First of all, maybe the US dollar is not the ugliest among the several sisters, and two, because of the increase in oil production in the United States, the trade deficit has narrowed, and so the dollar can be strong for a while. I don’t think it will last, but the consensus is that the dollar is the strongest currency around. And these other countries, say if Thailand or Singapore or Indonesia would start to print money, then they would weaken their currencies, or that would be the perception.




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

Value in Agricultural Companies

Faber has consistently warned since the late 1990’s that this dynamic would come to pass as the West and the U.S. in particular exported its industrial infrastructure and binged on consumer junk fuelled by easy credit while the emerging economies of east Asia used the proceeds to focus on production rather than consumption to become industrial powerhouses.

He went on to say,

“In the countries that opened up post breakdown of the socialist/communist ideology – China, Soviet Union, Eastern Europe - and India of course we have an entire generation who will earn much more and will have a better standard of living than their parents had.”

He highlighted certain factors that are leading to this lower standard of living for young western people. Banks now generally charge more to hold one’s money than the interest they pay out. He cites the yields on Swiss ten year bonds at 0.46% as an example of how people, and especially young people, are disadvantaged relative to previous generations.

“These people will not enjoy the compounding impact that I enjoyed having started to work in 1970 when bond yields were 6% and they went to 15% and so forth. So during that period of time wealth was accumulating very rapidly plus we had a huge boom in real estate and in equities and bonds between 1980 and 2007.”

“That is not going to happen again.”

Agricultural commodities including palm oil and Asian companies processing agricultural produce is where Dr. Faber currently sees value. Some of these companies in Malaysia and India, for example, pay dividends between 2% and 4%.

The young people who invest in these types of company will see their wealth steadily rise as opposed to their western counterparts who rely on the casino of rising paper asset prices.

Faber also likes the stock market in India and thinks it could see gains of 15% next year. The new government is free market and enterprise friendly and Faber believes the central bank in India is the “world’s best central bank.”

Dr. Faber is a long time proponent of owning physical gold. He has consistently urged people to act as their own central bank in acquiring bullion coins and bars as financial security and he believes that storing gold in Singapore is the safest way to own gold today.

- Source, Gold Seek




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

We will have more Estate Taxes

“I meant that with respect to western societies and Japan where essentially the younger people – today’s generation – will earn less than their parents and they will have less wealth than their parents, inflation adjusted. This is because we will have wealth taxes, we will have more estate taxes and we have essentially declining real median incomes in the western world and Japan.”





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

Big Surprise This Year

“My belief is that the big surprise this year is that investor confidence in central banks collapses. And when that happens — I can’t short central banks, although I’d really like to, and the only way to short them is to go long gold, silver and platinum,” he said. “That’s the only way. That’s something I will do.” Marc Faber said at Société Générale’s global strategy presentation last Tuesday




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

Gold can go up big in 2015 if central banks collapse

My belief is that the big surprise this year is that investor confidence in central banks collapses. And when that happens — I can't short central banks, although I'd really like to, and the only way to short them, is to go long gold, silver and platinum. That’s the only way. That’s something I will do I'm positive gold will go up substantially [in 2015]... say 30 per cent.



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

I'd really like to short central banks

"My belief is that the big surprise this year is that investor confidence in central banks collapses. And when that happens — I can't short central banks, although I'd really like to, and the only way to short them is to go long gold, silver and platinum," Marc Faber told marketwatch recently



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 says everything will Collapse in The End Game

I happen to believe that eventually we will have a systemic crisis and everything will collapse. But the question is really between here and then. Will everything collapse with Dow Jones 20,000 or 50,000 or 10 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.

The big surprise this year is that investor confidence in Central Banks Collapses

“I’m positive [that] gold will go up substantially [in 2015] — say 30%,” “My belief is that the big surprise this year is that investor confidence in central banks collapses. And when that happens — I can’t short central banks, although I’d really like to, and the only way to short them is to go long gold, silver and platinum,” he said. “That’s the only way. That’s something I will do.”

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

central banks today have much too much power

I believe that central banks today have much too much power. Basically central banks are run by bureaucrats, mostly academics. They have studied at nice universities and so forth, they crunch numbers. 99 percent never worked in the private sector. And to these people you give the largest authority to run the world - monetary policies. That I will never understand. - See more at: http://www.marcfabersblog.com/#sthash.wsGoEs6x.dpuf

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

Year 2015 will be marked by volatility and surprises

Year 2015 will be marked by volatility and surprises one considers Marc Faber, author of the newsletter for investors "Gloom, Boom & Doom Report" and the best option is the capital conservation diversification. In a response to Bloomberg TV Swiss investor resident in Thailand recalled that last year was a bad one for active portfolio managers, 90 fund managers reporting of underperforming the main index of the American Stock Exchange, the S & P500. In this context it is remarkable, however, that a higher yield was obtained from the average market fund "all seasons" of Bridgewater Associates built exactly on the principle of diversification between stocks and 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.

Detroit's decline was unimaginable in 1920

When I moved to Hong Kong in 1973, Mao Tse Tung was still alive, the cold war was on, the Vietnam war was on. Then starting 1978, the breakdown of socialist communist policies began.
The real opening started in 1989 - 1990. The changes in the world have been mind boggling. Nobody could have expected the lands where nothing at all 20 years ago, which is now modern cities.
Equally in the 1920's nobody could have expected where Detroit was probably one of the richest cities in the world, that the city would disintegrate as much as it has.




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

Gold could go up even if Stocks Decline

I believe that say if the stock market drops more than 20 percent, the Fed would step in. Actually I wouldnt be surprised if the Fed didnt step in after a 10 percent correction. That would be close to 200 S&P points. But on a 400 S&P point decline, for sure the Fed would again implement asset purchases, and I think at that time Gold could really take off, and because junior mining stocks and large ones use their high leveraged play on the price of Gold, I believe yes they could go up if stocks decline.


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

Yellen should immediately apologize

Marc FABER: She should immediately apologize that it took her so long to meet the president because Alan Greenspan was running to the White House repeatedly and very more often than any other Fed chairman.



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 Fed will keep Interest Rates at very low levels for a very long time

 MARC FABER : My sense is that the Fed and other central banks around the world will keep interest rates at very low levels for a very long time. The whole investment world has been distorted by essentially zero interest rates and expansionary monetary policies.

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 Predictions on Stock Market Collapse

Marc Faber, publisher of the Gloom, Boom & Doom report, talks about global stocks, the economy and gold prices. Faber speaks with Matt.




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

Oil Prices Decline is due to Global Economic Weakness

There are many explanations for the weakness in Oil including some theories that Saudi Arabia wanted to weaken Russia, or the Shale oil production in the US or Iran and so forth. But my view is the sharp decline in Oil prices signals a weakening global economy. Now in the last few days I have received from brokerage firms, banks and so forth. They all think next years economy in the world will be stronger than 2014. This would not be my view given, (a) the low yields on government bonds, that would seem to suggest to me there are still some growth issues in the global economy and the sharp fall in the industrial commodity prices would also suggest to me the economy will be weaker than expected. And I'm living in Asia, I can see we are not in a recession but there is very little growth at the present time.


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 sees value in Palm Oil

I think the Agriculture commodities collapsed by 50 percent- wheat, corn, soybeans, and so forth. And Palm Oil has very close correlation to Soybean prices and it also collapsed by 50 percent and with it the plantation companies went down.

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: Expect Volatility and Surprises in 2015

“The Gloom, Boom & Doom Report” Editor and Publisher Marc Faber discusses his outlook for 2015 with Bloomberg’s Betty Liu and Brendan Greeley on “In The Loop.” (Source: Bloomberg)










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