Friday, October 20, 2017

Marc Faber Opposed to the removal of Civil War memorials to Confederacy leaders

Marc Faber wrote in his newsletter that was published two weeks ago that he was opposed to the removal of Civil War memorials to Confederacy leaders, saying their “only crime” was defending slavery. He also said the country benefited economically from 200 years of white rule. When his writings were made public, the Sprott Inc. board and management quickly asked him to resign his directorship.

“We take pride in the fact that we are a global organization with a racially inclusive employee, client and investment base,” said Sprott CEO Peter Grosskopf, who stepped out of a conference to rally the board of the money manager to act. “Our policies in that regard are crystal clear and well-known.”

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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