While Marc Faber continues to be bullish on gold, he emphasizes this may not be the best time to be a buyer but one should buy gold on a regular basis over the long haul.
The future isn’t rosy for the U.S. in 2010. Marc Faber expects 2010 to be much more difficult after a 2009 stock run from its March lows. One of the biggest, if not the biggest, concern for Dr. Faber is the national debt and its interest rates which will potentially go up in the next 5 years. Also on Marc Faber concerns are credit bubbles in China and Dubai along with rising stock prices in certain emerging markets.
A bit it, but I’m trying to get caught up with all the latest Marc Faber videos and Marc Faber interviews. I have school and a new job at Toyota but I want to keep this puppy going again.
If what Marc Faber says comes true, we are in for one big bumpy ride. Just when everyone thought the coast was clear, we find out that the current Dubai credit crisis might be the tip of the iceberg. Below is the latest Marc Faber interview with Bloomber which took place on December 1,2009. As the Dubai crisis occurred over the weekend, it was only a matter of time before the Dr.Doom’s of the world will get their chance to analyze the situation.
The beauty of having a Jim Rogers and Marc Faber site is you’re one step ahead of everyone. His latest Bloomberg video, Marc Faber tells us about the risk of holding cash due to purchasing power declining. The video mentions the possibility of a million dollar bill , not mention by Faber himself, can you imagine how weird it would be having a dollar denominated in a value greater than one million.
I have been lagging it with the site due to school obligations but nevertheless, I will continue to do my best to update the site. this Marc Faber video is very interesting as it goes into a bit more detail about what Faber thinks about the Obama stimulus. The comments on rising oil prices are a scary, especially if you are a consumer that believes in peak oil.
I have been a bit busy with school and some personal projects going on. Anyway, here is the latest Marc Faber Bloomberg Interview. I believe this is the first time Marc Faber discusses a stock for a long period of timeon television as he usually gives one worded answers.