Tuesday, February 17, 2015

Marc Faber : 2015 The year people lose confidence in Central Banks

 Global demand for gold has hit a four-year low, but thanks to eurozone turmoil, gold has bounced back more than 3 percent this year after falling 28 percent the previous two years. Erin weighs in. Marc Faber, editor and publisher of the Gloom, Boom & Doom Report, tell us why he believes this is the year that people will lose confidence in central banks. Jim Pearce, CIO of Baton Investing, explains how technology and the internet are affecting financial services and tells us where the biggest opportunities for a mass market offering in finance are. And in The Big Deal, Erin is joined by Edward Harrison and Bianca Facchinei to discuss some of this week’s viewer comments.

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.