Saturday, January 11, 2014

The US Government Bond Market is a disaster waiting to happen



Other central banks have done it already around the world but basically what it demands to is money printing and in fact I don`t think it will help the bond market at all in the long run.

Maybe when they start doing it the bond market may rebound a little bit but don`t forget the 30 Year Treasury has already dropped by 20% since December 21, when the yield on the 30 year touched 2.51%. Now we are at 3.77%. In other words yields have gone up substancially.

I think the US Government Bond Market is a disaster waiting to happen for the simple reason that the requirements of the government to coverits fiscal deficits will be very, very high.


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.