Saturday, July 30, 2011

Marc Faber : America has many, many good sides It is the government that is horrible and, in particular, the present one.

Marc Faber : Well, ... it’s very important to laugh a lot in life. And I have to say, in Southern California, I was with a few friends and we just giggled the whole time. We had a great time. And this is also the good, you know, in America you can’t say all is bad. The good part of America, some people are very nice. Whenever I go, I was recently actually is very funny. I was in America, I had to take four flights. All the four flights were delayed and as a result, I missed two connections. I had to sleep at the airport in Chicago, to sleep to the airport in Kennedy, in Jamaica. There you go. And these are places that airlines, they give you a hotel -- of course, not the luxurious Four Seasons type of hotel. But then you go to these local bars and to where it’s very funny. You meet a lot of people and you see the true America. All the people are very friendly and conversant. It has many, many good sides, America. It’s the government that is horrible and, in particular, the present one.  - in Financial Sense News Hour  Click Here to listen to the whole interview >>>>>

Dr. Marc Faber Tomorrow's Gold

Dr. Marc Faber author of the Gloom, Boom and Doom report is a world class Investor, Doctor Faber 's typically controversial and contrarian views have earned him the label of Dr. Doom. Doctor Doom also trades currencies and commodity futures like Gold Natural Gas and Crude Oil.Even his harshest critics must admit that he's been unerringly correct in his market forecasts over the past three decades . Marc Faber is a Swiss investor.He 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 cum 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, which acts as an investment advisor and fund manager. Faber is publisher of the Gloom Boom & Doom Report newsletter and is the director of Marc Faber Ltd which acts as an investment advisor and fund manager.