Friday, June 14, 2019

Marc Faber explains The Coming Pension Crisis

Returning SBTV guest Marc Faber, editor and publisher of “The Gloom, Boom & Doom Report”, warns about the under-funding in public and private pensions. Will there be pitchforks when pensioners realize there is no money available for their retirement? Discussed in this interview: 01:31 State and public pensions are a disaster 05:11 When pensioners realize their pensions are not there 10:48 Western governments are bankrupt 15:30 Government gold confiscation and expropriation is coming 18:37 Jurisdictions safe to store gold and silver 20:55 The longest economic expansion cycle in history is artificial 24:09 Each incremental quantitative easing has lesser impact 32:47 Buying his first bitcoin

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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