Friday, April 1, 2016
Marc Faber - Negative Loan Costs are a seizure of Savers
Marc Faber - Gold Silver Price Crash 2016 - Analysis
Marc Faber On Gold, Government Theft And Negative Interest Rates
After a wild begin to the 2016 exchanging year, today legend Marc Faber talked with King World News about gold, government burglary and negative loan costs.
Eric King: "Other than the cash printing, which is an approach to attempt to blow up out of this (obligation) bad dream, ought to government robbery be a major sympathy toward financial specialists?"
Marc Faber: "Yes. There are currently more than $8 trillion worth of government securities with negative loan costs. Negative loan fees is an extremely intriguing legitimate case on the grounds that in many constitutions it is composed that confiscation is impossible. Be that as it may, negative loan costs are basically a seizure of savers' cash."
Eric King: "Marc, we've had this enormous rally off the lows in the gold business sector and it appears to have colossal quality underneath it — your considerations on gold."
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.
Posted by Nicole Bourbaki