MARC FABER

MARC FABER

Wednesday, August 17, 2011

Hold On To Gold

Marc Faber : “I am not sure how high the price of gold or silver will increase but when I consider the further inevitable growth of the US and other governments’ debts, the creation of paper money in the world and especially at the low gold ownership rate in the world, I am confident that the price trend of gold is up,” Faber wrote in the August edition of his newsletter the Gloom Boom & Doom Report. - in The Jakarta Globe

Marc Faber : Oil will do well if there is a war

Marc Faber :  The next time we will have a global economic crisis it will be much worse than 2008 before it happens there will be money printing and there 'll be war , and then the whole thing will collapse , and that's why I am advising people you have to think it through , in a total collapse you do not want to own government bonds and cash , equities they do not perform well but at least you have the ownership of companies and precious metals in that environment do relatively well and of course Oil will do well if there is a war- in CNBC
MARC FABER BLOG

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.