Gold will keep its value or go up a bit. But you have to wait 80 years or something to realize your gains. Land has always been a storehouse of wealth. Wars have been fought over land. Productive land is a safe investment, and land can be put to work so I would recommend land as an investment. Not gold. Gold price has been manipulated too much.
It's hard to call microtrends. But it's easy to call the long term trends. Everything is a bubble. The US's economic bubbles are bursting all over the place at the end of the empire. You don't have to be a PhD in economics to see this.
If you like Marc Faber, check out Peter Schiff's videos, articles, and his podcast at Peter-Schiff . com. Tell your friends about the continuing economic collapse.
Hi. Looking back now he was correct even about the oil.. besides the dollar, and relative strength of gold. I wonder if his sentiment will reverse during winter :)
He has hinted that dollar will continue long term bear, but when? after the delevarage process is done?
today the gold price has doubled from shown here
ricochetVendetta 8 months ago
Gold will keep its value or go up a bit. But you have to wait 80 years or something to realize your gains. Land has always been a storehouse of wealth. Wars have been fought over land. Productive land is a safe investment, and land can be put to work so I would recommend land as an investment. Not gold. Gold price has been manipulated too much.
Youreallsheople 2 years ago
It's hard to call microtrends. But it's easy to call the long term trends. Everything is a bubble. The US's economic bubbles are bursting all over the place at the end of the empire. You don't have to be a PhD in economics to see this.
Youreallsheople 2 years ago
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If you like Marc Faber, check out Peter Schiff's videos, articles, and his podcast at Peter-Schiff . com. Tell your friends about the continuing economic collapse.
ggadguy 3 years ago
Mars is a genius... thanks for posting....
cupidhimself 3 years ago
He said to short crude oil which was a dire mistake, but everything else he said was spot on.
markymarkuss777 3 years ago
Hi. Looking back now he was correct even about the oil.. besides the dollar, and relative strength of gold. I wonder if his sentiment will reverse during winter :)
He has hinted that dollar will continue long term bear, but when? after the delevarage process is done?
karhu1913 3 years ago
I hear housing is a good investment at the moment.
daniel987878 4 years ago
idiot, lol...
stocks arent good right now either
damonsecloro 3 years ago
I was being sarcastic. Duh.
daniel987878 3 years ago
LOL HAHAHHAHHAHAHHAHAHAAHHA
abangia567 3 years ago
The CNBC stooges amuse. Their mouths hang open like neaderthals listening to the enlightened cro magnon genius Marc Faber.
This clip acts like ad advertisement as to why you should NEVER WATCH CNBC for truth -- unless Marc Faber is a guest and doing ALL of the talking.
pier23ca 4 years ago 6
Pier,
Amen to that... these stock jockeys are like programmed robots. Not to mention Cavuto on Fox (or should I say, Faux) News.
BAOchsner 4 years ago 2
Thanks for your reply.
Joy came to me when I read a reply post that was not mired with attack words.
Good day to you.
pier23ca 4 years ago
I watch CNBC.......when Peter Schiff or Jim Rogers is on.
KingGalbi 4 years ago