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07

Aug

Marc Faber on housing, FED, stock market - PART 2

Posted by admin as Gold Bar

Marc Faber is my favorite economist/trader/market commentator!

His every word is as precious as 100 oz GOLD BAR! :D

http://www.gloomboomdoom.com

Dr Marc Faber was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna laude.

Between 1970 and 1978, Dr Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong.

Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In June 1990, he set up his own business, MARC FABER LIMITED which acts as an investment advisor and fund manager.

Dr Faber publishes a widely read monthly investment newsletter “The Gloom Boom & Doom Report” report which highlights unusual investment opportunities, and is the author of several books including ” TOMORROW’S GOLD — Asia’s Age of Discovery” which was first published in 2002 and highlights future investment opportunities around the world. ” TOMORROW’S GOLD ” was for several weeks on Amazon’s best seller list and is being translated into Japanese, Chinese, Korean, Thai and German. Dr. Faber is also a regular contributor to several leading financial publications around the world.

A book on Dr Faber, “RIDING THE MILLENNIAL STORM”, by Nury Vittachi, was published in 1998.

A regular speaker at various investment seminars, Dr Faber is well known for his “contrarian” investment approach.

He is also ociated with a variety of funds and is a member of the Board of Directors of numerous companies.

October 2007

Duration : 0:9:59


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ggadguy says August 7th, 2009 at 6:08 am

If you like Marc …
If you like Marc Faber, check out Peter Schiff’s videos, articles, and his podcast at Peter-Schiff . com. Tell your friends about the continuing economic collapse.

beancube2008 says August 7th, 2009 at 6:08 am

All trader groups …
All trader groups notice this. That’s why the automakers open shops in other countries but pretended they are still with us as American. Governments should rebuild our auto-industries with the workers, not with the current managements. Obama is now shielded by those people, Job losses from these companies are actually an opportunity for the American. He should find a way to reward new people to spread our innovations in this industries if he want to make universal medicare possible.

beancube2008 says August 7th, 2009 at 6:08 am

Housing and storage …
Housing and storage houses are remedies for transparencies. They are the reality the ancient monks relied on for their im-materialistic livelihoods, because they are simple. With our technology today, we can get the transparency electronically, we don’t need Wall Street to speculate what they consider growth.

aukxsona says August 7th, 2009 at 6:08 am

SIV equals …
SIV equals financial HIV

Ararara22 says August 7th, 2009 at 6:08 am

Ditto. Am doing …
Ditto. Am doing just the same.

Felix0nubi says August 7th, 2009 at 6:08 am

Thanks Mr Faber for …
Thanks Mr Faber for convincing me to invest in gold and agricultural commodities :)

akclau says August 7th, 2009 at 6:08 am

I subscribe to …
I subscribe to Marc’s report, and as u can imagin find him very, very insightful.

ericclaptonismygod31 says August 7th, 2009 at 6:08 am

Ideally, the people …
Ideally, the people who created the SIV problems should be jailed, but I would settle for them to be out of a job and homeless. Let the market correct itself without Bernake corporate welfare. Rate cuts will only bail out the ers that got us into this mess and create another bubble in the near future. Wake up America!

madvz says August 7th, 2009 at 6:08 am

The Fed just keeps …
The Fed just keeps its head in the sand.

donpedrosan says August 7th, 2009 at 6:08 am

…true…Faber is …
…true…Faber is a pro!

pbcinla says August 7th, 2009 at 6:08 am

Up for a month an …
Up for a month an no comments.

So sad.

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