Saturday, October 8, 2016
Marc Faber : Trump Is A Better Choice for America
Q: Investors around the world are keeping an eye on two events in the United States. The first one, of course, is the Presidential elections and for now we know that Hillary Clinton has a slight edge over Donald Trump. In your opinion, who is a better candidate as far as the U.S. economy is concerned. What will be the implications for the world economy in either case?
Marc Faber : I think it would be good for the world if we have a U.S. President who is not a neocon and is not guided by people like the Bush family, but someone who is prepared to see the world the way it is. The world is not as it was a 100 years ago where western powers were able to colonise the world and impose their will. Today, we have countries like India and China and even Russia that have become very powerful. So we have to negotiate with these countries keeping in mind their perspective, not just our perspective of the world. And this is something Hillary Clinton just can’t do. She was Secretary of State so we know what her record is. She supported the invasion of Iraq. She supported and launched the invasion of Libya and she supported also the nation-building in Egypt and the war in Syria – all major disasters. And so I am telling myself, maybe after all, Trump is a better choice. -- in Bloombergquint.com
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.
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.