Tuesday, January 28, 2014

The Tensions in Asia could cause a Market Panic

 Pretend you are the leader of China's army. The Americans are enlarging their bases in Australia, trying to stir up trouble in the Philippines and Vietnam, and lifting an embargo against Burma. America also has a defense pact with Japan. The Chinese depend on oil, copper, and iron, all imported commodities. What would you do to protect your border? 

The tensions in Asia are real and rising, and could cause a market panic, just like the financial crisis Felix discussed. The Chinese have decided to shrink their government's share of the economy and make markets freer. Everywhere in the industrialized world, you find the opposite.

China has a dark side, too. In the U.S., someone can be highly critical of the government and stay alive. If you write something negative about the leadership in China, you can be put in jail for a long time. There is only one Nobel Peace Prize winner behind bars -- Liu Xiaobo, in China.

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.

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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.