Marc Faber ~ Endless Government Manipulation

Marc Faber discusses how gold is near a tradable low. Also he discusses how stocks are being manipulated higher and will continue to go higher for the near term but are no bargain.
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

China export numbers overperformed market expectations

China's recent strong export numbers, which blew past market expectations. China's export data for February showed a 21.8 percent year on year spike, in contrast to analyst expectations of 10.1 percent. However, the reliability of this data has been questioned due to its inconsistency with neighboring countries' data including South Korea and Taiwan, among other things. Faber said he expected China's economic growth to be much lower in reality, and even hinted towards a recession in some sectors of the economy.

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

China could have recession in certain sectors

I think the Chinese economy has slowed down a lot...but they will not miss their 7.5 percent target, they will announce it, but the reality will be much lower. If you look at the statistics that are more reliable like Korean, Japanese or Taiwanese exports... then export figures from China don't add up entirely," he said. The economy in China will slow down and we may even have in certain sectors a recession... The question is about the future. I think China will still grow but there will be bumps along the road and political issues," he added

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.

China economic growth lower than reported

Faber said China’s economic growth is probably much slower than official numbers suggested of 7.5 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.

China to deflate credit bubble

Whether China can ensure continuous growth will depend on reforms and how to deflate the colossal credit bubble we have in China. This is going to be a huge problem because we have so much underground credit, questionable loans outstanding and questionable investments.

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 – For The First Time In 4 Years, I Love This Market

“For the first time in four years, since the lows in March 2009, I love this market because the higher it goes the more likely we will have a nice crash, a big time crash.” - 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.

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 – Investors Are Being Chased Out Of The Gold Market

“The gold market can be extremely volatile, a normal symptom of a fiat-backed financial system inducing the public into schizophrenia” “Clinging to the familiarity of a 67-year-long financial system, moving to periods of fearing total loss at the currency graveyard — will chase investors out.” - 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.

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 – 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.