Marc Faber Report » marc faber august 2009

Marc Faber Lateline Business

Admin — Sat, 29 Aug 2009 20:40:37 +0000

Marc Faber continues to believe that money printing will result in even more money printing. According to Marc Faber, the government will go bust when interest rates rise causing interest payments to go up. The government might have to resort to war to save the economy.

Marc Faber Lateline Business Notes

You really have to be dumb to not make money when the government gives you money free at charge
You should buy banks in the short run
One stimulus package will lead to another
A system collapse will occur in approximately 5 years
Greenspan and Bernanke contained that crisis but also created the crisis

Marc Faber King World News Interview August 22,2009

Admin — Sat, 29 Aug 2009 18:00:25 +0000

A great interview of Dr. Marc Faber with King World News. The interview is broken into 3 parts due to Youtube’s length restriction but is roughly 30 minutes long.

Notes On Marc Faber King World News Interview.

In a year or two, we should see inflationary pressure emerge
Expects deficit to increase by 2 trillion dollars next year in the U.S
This crisis has failed to completely clean the system
Wouldn’t be surprise if 15-20% market correction occurs before big run up
Market might go up due to money printing
Believes the USD can rebound in the short term, is a “lousy” currency in the long run
Markets are very overbought

Marc Faber Economic Times Interview August 20, 2009

Admin — Fri, 21 Aug 2009 01:04:56 +0000

In his latest interview with The Economic Times, Marc Faber believes a correction is not unusual after such a powerful rally. Marc Faber also reminds viewers and investors that we are not out of the woods yet and valuations are becoming a bit stretched.

Marc Faber Financialtube.com Interview August 17,2009

Admin — Thu, 20 Aug 2009 00:30:29 +0000

Below is the Marc Faber interview with Financialtube.com. The interview is broken down into 3 parts and is roughly 20 minutes long. Some key points of the interview are listed below

Estimates China has been growing at 0-3.5% during the current crisis
On Japan, March 2009 is a secular low for Japan. Japan currently attracts Marc Faber “as a contrarian”
Expects inflation to come due to huge fiscal deficits
Doesn’t expect Federal Reserve rates anytime soon

Marc Faber On CNBC August 12,2009

Admin — Fri, 14 Aug 2009 03:40:02 +0000

In his latest appearance on CNBC, Marc Faber expects a stronger dollar and weakening assets. In addition, there is a possibility that stocks could go up due to “money printers” that are dangerous to the health of the world economy. Marc Faber continue to point out that printing money is not a form of building a strong economy. This appearance is interesting as the other “Dr.Doom” Nouriel Rubini is also live.

“I expect now for the next couple of months a period of a recovering dollar and weak assets,” Faber said. “A strong dollar means global liquidity tightening.”