Monday, 22 December 2014

Entitlement Societies: Growth Implications




Europe in particular and increasingly the United States, have become entitlement societies and that is very negative for economic growth, private initiative and so forth. - in Bloomberg Radio

Related: SPDR S&P 500 Index ETF (SPY), Eurostoxx 50 Index


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

Forecasts For The Global Economy



 Marc Faber discusses what opportunities are likely to emerge for institutional investors if sovereign debt continues. Furthermore, he assesses the possible impact of social and political unrest in North Africa and the Middle East, and how hedge funds can invest in emerging markets.

Related: iShares MSCI Emerging Markets Index ETF (EEM)



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

Germany Is Likely To Go Into Recession Soon




Europe is already in recession. Germany is still growing very, very slightly, but is likely to go into recession soon. - in CNBC 

Related: iShares MSCI Germany Index Fund ETF (NYSE:EWG), Deutsche Telekom AG (ETR:DTE), Bayerische Motoren Werke AG (ETR:BMW)


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

100 Percent Odds Of A Global Recession


 Marc Faber explains why he thinks there is a 100 percent chance for an economic recession ahead.

Related ETFs: iShares MSCI Emerging Markets Index ETF (EEM), iShares MSCI Brazil Index ETF (EWZ), Market Vector Russia ETF Trust (RSX), iShares FTSE/Xinhua China 25 Index ETF (FXI), SPDR SP 500 ETF (SPY)






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

US Economy: I Don`t See Much Growth In The Next 12 Months



The U.S. economy has decelerated and I don’t see much growth in the next six to 12 months. - in CNBC

Related: SPDR S&P 500 Index ETF (SPY)



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

Corporate Profits Will Disappoint




The corporate sector has recovered remarkably since the trough in earnings in 2009 and we are at record high earnings. Corporate profits will disappoint over the next 12 to 18 months. - in CNBC

Related: SPDR SP 500 ETF (NYSE:SPY)



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

Thursday, 18 December 2014

The Economic Slowdown Is More Pronounced Than Official Chinese Statistics Show



All these indicators (electricity production to Macau gaming revenues and consumer spending habits to appliance and air-conditioning volumes) do not necessarily suggest that the Chinese economy is collapsing, but they reliably do suggest that the economic slowdown is more pronounced than official Chinese statistics would have you believe.
In addition, these indicators do not imply that the Chinese stock market will decline further (but it could). Perhaps the weak performance since 2008 has already discounted much of the slowdown in economic growth. - in Market Shadows
Related: iShares FTSE/Xinhua China 25 Index ETF (FXI)



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

Vietnam: The Market Is Now Relatively Inexpensive



The arrests will provide long-term investors with a buying opportunity. The market is now relatively inexpensive. - in Bloomberg
Related: Market Vectors Vietnam ETF (VNM)



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

The Global Economy Is Decelerating Very Rapidly



The facts are, we have a global economy that is decelerating very rapidly, month on month, here in Asia. In July, industrial production declined sharply. - in Bloomberg
Related: iShares MSCI Emerging Markets Indx (ETF) (EEM), SPDR SP 500 ETF (NYSE:SPY)



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

If The S&P Drops 200 Points, There Will Be More QE




If the S&P drops 150 or 200 points, you can be sure that there will be more QE, not only QE3 but QE4 and so forth. - in GoldSeek Radio
Related: SPDR SP 500 ETF (NYSE:SPY), iShares MSCI Emerging Markets Index ETF (EEM)


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

Odds of Global Recession Are 100%



"Odds of a global recession are 100 percent." - in CNBC



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

The "Counterfeiters" At The Central Ba



nks On the other hand you have the money printers, the counterfeiters at the central banks. And they are going to print money and more more... it`s just a question of when. - in Bloomberg Radio


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

A Lot Of Investors Do Not Trust The System Anymore



A lot of investors are in equities, in bonds, in gold and in real estate for the simple reason they do not trust the system anymore. - in Bloomberg



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

Wednesday, 17 December 2014

I Think A Global Bear Market Has Begun




I think a global bear market has begun and we are going to go lower. But if you look 10 years out, US Treasuries at a yield of 1.60%, that is the maximum you will earn, whereas companies that have dividend yields of 4 to 7 percent, I think will provide you with higher returns. - in Bloomberg


Related: iShares MSCI Emerging Markets Index (ETF), SPDR SP 500 ETF (NYSE:SPY);


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

U.S. Treasuries Are Biggest Bubble Ever






Latest video interview, Bloomberg TV.

Related: ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT), iShares Lehman 7-10 Year Treasury Bond (ETF) (IEF);



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

Gold Is Relatively Effective As A Currency




I am also warming to gold shares. Gold corrected to $1,522 last December from $1,921 in September. It rebounded to $1,795 in February and is back down around $1,600. The correction could last longer, but given that governments will print more money, gold is relatively effective as a currency.

My preference is physical gold, but I would also own some gold shares, which have been decimated. - in Business Insider

Related stocks and ETFs: SPDR Gold Trust ETF (GLD), Newmont Mining (NEM), Goldcorp (GG), Barrick Gold (ABX)



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

Nobody Wants To Accept Austerity



There is no resolution to the problem in Europe because no one wants to accept austerity. - in Barron`s





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

US Treasuries Bubble Will Burst




If you me asked about the Nasdaq in December 1999, I would have said this is the biggest bubble ever. And yet the Nasdaq continued to go up 30 percent until March 21 2000, and then what happened and how have these people faired since they invested in the Nasdaq in the final months of 1999 and early months of 2000? It's been a disaster.

And I think the government bonds bubble will also burst, but I don't know if it's tomorrow or in three months. I suspect actually maybe sooner than later, because the consensus is now buy US government bonds. - in Business Insider 


Related: iShares Barclays 20+ Year Treasury Bond (ETF) (TLT), ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT)




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

The Best Outcome For Greece Probably Would Be To Exit The Eurozone




The best outcome for Greece probably would be to exit the eurozone. But the new Greek drachma would depreciate by 50 percent to 70 percent against the euro.

The Greeks don't want their pensions paid in a depreciating currency. Nor do they want austerity, as their pensions and government salaries would be cut by 50 percent. - in Barrons 





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

We Are Surely Approaching A Major Low In Interest Rates





The Nasdaq was in a bubble at the end of 1999. It still managed to rise 30 percent to the March 2000 peak. Thereafter, it was all the way down. Possibly Treasuries rally more, but after a bull market, which began in September 1981, we are surely approaching a major low in interest rates. I am sure that over the next 10 years investors buying today U.S. 10-year T-notes and 30-year bonds will lose a ton of money. - in FirstCoastNews

Related ETFs: iShares Barclays 20+ Year Treasury Bond ETF (TLT), ProShares UltraShort 20+ Year Treasuries ETF (TBT);




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

Friday, 12 December 2014

The Prospects For Stocks Are Not Particularly Good



We (the stock market) are fairly valued if you take current earnings. But the problem is that maybe earnings are inflated and that earnings will decline.
So maybe the prospects for stocks are not particularly good. - in The Perils of Money Printings Unintended Consequences
Related, iShares Russell 2000 Index (ETF)(NYSEARCA:IWM), PowerShares QQQ Trust, ETF (QQQ)



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

Central Banks: The Path Of Money Printing



I do not believe that the central banks around the world will ever, and I repeat ever, reduce their balance sheets. They have gone the path of money printing and once you choose that path, you are in it and you have to print more money.



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

Marc Faber's Thoughts On Inflation



What is inflation? Inflation can manifest itself in wages, consumer prices, in asset prices such as real estate, equities, commodities and so forth...art and collectibles. Now the problem is that those asset prices won`t increase at the same rate, at the same time. But it`s a symptom of monetary inflation.



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

Every Money Printing Exercise Leads To Unintended Consequences





But every money printing exercise in the world leads to unintended consequences at a later point. And, this is the important issue to remember. We don’t know yet for sure what the unintended consequences are. - in BI

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

The Panacea For A Mismanaged Nation



“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring permanent ruin.” - Dr. Faber quoting Ernest Hemingway in the CFA Institute Middle East Investment Conference


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

A Few Thoughts On Deflation



“Is deflation such a bad thing?” - in the CFA Institute Middle East Investment Conference (During deflationary periods in the nineteenth century, real per capita income apparently increased faster than it does now)



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

We Are At The Beginning Of A More Meaningful Correction




Right now, investor sentiment if anything is rather bullish, the market is overbought, insider selling is very high and the technicals have deteriorated in the sense that in the latest rally,the number of new highs has diminished significantly and so, I rather think that we are at the beginning of a more meaningful correction. - in Bloomberg Radio
Related, SPDR S&P 500 Index ETF (SPY), iShares MSCI Emerging Markets Index ETF (EEM)



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

Wednesday, 10 December 2014

Near the End of a Society or Civilization...


Near the end of a society or civilization, they typically become very corrupt. Either the government runs the businesses or the businesses run the government.  -  a famous quote from Dr. Faber



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

Western Democracies: Are People Really Free?




We have democracies in the Western World but are people really free? - in a recent RT video interview


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

I Like To Buy Neglected Assets




I like to buy assets that are neglected. In Arizona you can buy a beautiful house for 150,000 USD. This is undervaluation. - in Bloomberg TV


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

The First Panacea For A Mismanaged Nation Is Inflation Of The Currency



“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring permanent ruin.” - Dr. Faber quoting Ernest Hemingway in the CFA Institute Middle East Investment Conference



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

Phoenix Housing Market, Taxi Drivers & Concubines




I was in Phoenix the other day. Then, the taxi driver took me to the hotel, nice hotel, in Fairmont. And then he told me, "the person that I just drove before you—I drove him to a five-bedroom house". He told me, "he just bought it for $120,000".



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

Government vs Private Sector




Whatever the government does, it does it much worse than the private sector. - in a recent interview




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

Monday, 8 December 2014

Investing: It Is Very Difficult To Beat Compound Interest







In think, in general, it is very difficult to beat compound interest. If you had invested money at the time of the birth of Christ at just 5 percent, you would have a higher net worth today than that of the entire world. - in Trading The World`s Market - Interviews With The World Great Global Investors









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

Markets May Have A Serious Setback



Basically, I think QE3, which I think is unlimited, and bond purchases by the ECB bailout of countries have been largely discounted by the market, and the markets have been weaking technically, so I believe that we may have here quite a serious setback. - in CNBC


Related: iShares MSCI Emerging Markets Index ETF (EEM), SPDR SP 500 ETF (NYSE:SPY)











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

I Have A Lot Of Cash At The Moment




I have a lot of cash at the moment, because on this rally since April I have been lightening up on positions. - in CNBC


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

20 Percent Downside Risk



I just want to have a lot of cash because I think that within the next six to nine months we can buy just about anything 20 percent lower than it is now. - in CNBC

Related: SPDR SP 500 ETF (NYSE:SPY), iShares MSCI Emerging Markets Index ETF (EEM)




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

Saturday, 6 December 2014

Insiders dumping shares into the corporate buybacks







Insiders dumping shares into the corporate buybacks is nothing short of looting the inherent value of the common stock. This behavior should be considered criminal in nature. As for Buyback Mountain, the "market" is perfectly efficient at pulling forward any and all perceived value...or said another way, a frontrunner's delight. The moral rot and financial theft in this nation extends well beyond DC and Wall Street, and into corporate boardrooms all across the nation.







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

The Fallacy Of Monetary Policy In The U.S.





The fallacy of monetary policy in the U.S. is to believe that this money will go to the man on the street. It won’t. It goes to the Mayfair economy of the well-to-do people and boosts asset prices of Warhols … .Very happy. Very good for the Fed. Congratulations, Mr. Bernanke. I’m happy. - in Federal Reserve Policies Will ‘Destroy the World’- Money News 















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

A Catalyst For A Global Correction In Asset Markets





All stock markets and commodity markets were due for a meaningful correction because we have doubled or more than doubled since the March 2009. So, any kind of event was likely to trigger a more meaningful correction and I think this is an event that is most unfortunate but obviously its a catalyst for a global correction in asset markets. - in CNBC

Related: SPDR S&P 500 ETF (NYSE:SPY), iShares Russell 2000 Index (ETF) (NYSE:IWM), ProShares UltraShort S&P500 (ETF) (NYSE:SDS), iShares MSCI Brazil Index (ETF) (NYSE:EWZ), iShares MSCI Emerging Markets Indx (ETF) (NYSE:EEM), ProShares UltraShort QQQ (ETF) (NYSE:QID)












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

My Main Concerns

"My main concerns are China and political tensions. I think that not all is well in China. If the Chinese economy slows down more then what analysts expect, we could have a downdraft in commodity prices and all the warrants on China — whether it is Brazil, Australia or Indonesia — would get hit quite hard." - in CNBC
Related: iShares FTSE/Xinhua China 25 Index (ETF) (NYSE:FXI), iShares MSCI Brazil Index (ETF) (NYSE:EWZ) , iShares MSCI Australia Index Fund (ETF) (NYSE:EWA)

exclusive interview with economist Marc Faber

Dan Popescu exclusive interview with Marc Faber (economist and market forecaster, Gloomboomdoom.com) on gold, the US dollar, China and the Swiss gold Referendum