Marc Faber - Bloomberg Radio Interview 26 Nov 2011

[soundmoneyfan]

@25:03 Marc Faber farted.....it was his doom gloom and backside boom report

[boscoesarmy]

What's he doing in Thailand ? I don't like to jump to conclusions but he does look alot like a...twiddling my thumbs.

[lobodo171]

@boscoesarmy He lives in Chiang Mai, has been for 20 years or so...

[EllinonEnosis]

@boscoesarmy

for starters his money is 4 times worth there, it is a beautiful part of Thailand, plus all money economics and stuff are in that area of the planet. China, Thailand, Singapour etc...

[berkeley73]

$700 for a New York hotel room? With all due respect, Marc, just a little bit of market research could save you a dollar or two.

[dbztiki]

thanks for posting

[fuckoff187]

I wish I could hide out in thailand

[pismo10]

The fed is much more print happy than the ECB, so the euro may do well compared to dollars surprisingly

[Azbx23]

Thanks for uploading!

Ben Bernanke disliked this video

[lisajason111]

is bank of america the one who disliked this video?

[robert4you]

@lisajason111 LOL!

[blackswanflea]

Eisenhower knew there could not be war in a nuclear age. There will not be WW3. Local wars are possible, unfortunately. US will not attack Iran without a quiet agreement from the other Big Two. That means the US will not attack Iran.

[mengelmoesNL]

@blackswanflea Your argument contradicts itself. Why would Russia or China start a nuclear war over Iran? US is still top dog and if it wants to, it will attack Iran.

[kcirdrab]

Faber's begun rowing back on his gold call of the last 3 years here.

[Cyrus992]

I do not think these "Unfunded Liabilities" are social services.

They just have wrong labels and instead are bankster derivatives.

[LadaRay]

Great interview! Added to my favorites! Thank you!

[misterman6000]

Inflation or deflation is not the real issue; there are two ways to handle this debt; 1. print money and inflate the debt away; 2. default all together. This is the situation that all western governments are facing. In the end government issued legal tender will be worthless; This is the essence of what Faber is saying. In five years time the dollar will not be the reserve currency

[Kanechi1000]

high rates either attract investment or or a sign of immanent failure.

that is the ultimate choice.

[YouriCarma]

Wur Doomed, Entombed & Marooned...

watch?v=w7RIgs3eygo

[62636263c]

Investors are moving into the dollar just as they did in 08. I doubt that we will see the bottom in gold and silver for a while yet. I can see silver going as low as sub 20.00 before moving towards new highs. Spring/Summer of 2012 may be looked back on as the time to have bought PMs.

[georgemargaris]

@62636263c from your mouth to go(l)d's ear.

wait... I am an atheist... instead I believe in gold/silver :-)

[theMAXILOPEZpsycho]

@62636263c I highly doubt it will go that low or stay that low for that long

[fuckoff187]

@theMAXILOPEZpsycho I see a bottom at $25 if it gets there.

[theMAXILOPEZpsycho]

@fuckoff187 yeh, I`ll start loading the boat at 25, could go slightly lower though just to really kill the enthusiasm in the market. People will be shouting "all the way back to 9!!"...but thats the time to go in heavy, maybe even buy on credit.

[fuckoff187]

@theMAXILOPEZpsycho I doubt itll get there, when it touched $26 overnight in september it rallied to back above $30 by next morning. id load the boat soon, in the physical market even at $25 futures price you will be paying above $30 per ounce. waiting for a decline to $25 will make you miss the boat

[theMAXILOPEZpsycho]

@fuckoff187 if it gets down there, just buy the SLV and convert that to physical once we're back in the 30s...yes hard to predict though, 31 is already a great buy

[Tasadaru]

When 1 gold troy ounce equals on share of the DOW, then it will be time to start getting out. Google gold dow ratio.

[TruthOverFacts]

Thank you

[champion1098]

He is Guru.

[skazhiprivet]

20:02 what are the companies called exactly?

[cnxtrans]

@skazhiprivet Hang Seng Bank (0011:HK) and Sun Hung Kai Properties (0016:HK). I could not understand the first company (Flier Pacific?),I guess it could be Cathay Pacific (0293:HK).

[skazhiprivet]

@cnxtrans - thanks a lot! :)

[realbrush]

Oracle, he is right almost every time.

[onassi]

Faber is legendary