Sunday, April 26, 2015

There is a Massive amount of liquidity floating around The World

Yes, Modi tells a good story. He is doing all the right things, but so far there has been no real action. I hope I am early—I am beginning to wonder if he is for real. I hope I am the first to see if he is for real. If he is not for real, I hope to get out early—I don’t want to get out of India after everyone else has done it. Modi has done a few small things, but these small reforms have had very little impact on India’s economy. Toilets are good for people, but Modi has not done much to improve the overall economic standard of living, or done much for investors.
Yes, the Indian markets have performed well, but markets everywhere have been performing well. There is a massive amount of liquidity floating around the world. This is the first time in recorded history all major central banks—Japan, America, Europe, Britain—are all printing huge amounts of money. It is not just Indian markets that are going up—China has gone through the roof, Japan has more than doubled in the last few years, America is at an all-time high. Markets are going through the roof because there is all this liquidity, and some of that is coming to India because Modi tells a good story. It is a very good story, but I would rather put my money at some place where there is a good story and action.

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.

Dr Faber studied economics at the University of Zurich and, at the age of 24, obtained a PhD in economics. He publishes a widely read monthly investment newsletter The Gloom, Boom & Doom Report, which highlights unusual investment opportunities, and is the author of several books, including Tomorrow’s Gold – Asia’s Age of Discovery which was first published in 2002 and highlights future investment opportunities around the world. Tomorrow’s Gold was for several weeks on Amazon’s bestseller list and has been translated into Japanese, Korean, Thai and German. A regular speaker at various investment seminars, Dr Faber is well known for his contrarian investment approach. He is also associated with a variety of funds.