Wednesday, June 1, 2016

Money printing to boost Precious Metals Stocks





“Some depressed sectors are showing signs of major lows,” Mac Faber said during an interview on CNBC. “I am still negative about stocks but I can see more money printing in the future, which will lift some sectors.” (Source: “Marc ‘Dr. Doom’ Faber is a big bull on these stocks,” CNBC, May 19, 2016.)



According to Faber, gold mining stocks and drillers are the way to go. His reasoning is pretty simple: gold prices move opposite to the greenback, which means “more money printing” could boost any stock related to precious metals.






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.

1 comment:

  1. BUY ASIAN PAINTS FUT ABOVE 1021.70 T1 1025.20 T2 1028.70 SL 1016.45

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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.