CNBC - Marc Faber on Global Credit Bubble - 10.22.07 [1/3]

[ownerowner100]

Faber predicted it all!

[ericclaptonismygod31]

The more i listen to Doctor Faber the more impressed I become. Less government and more independence and self-support is the answer. The state got us into this mess and we (I) have to get ourselves (myself) out through work.

[nicolatwo]

Dr. Marc Faber is right. Gold is good to a certain degree. Buy some gold. But don't invest it all into gold or metals. Suzi Orman suggests to invest into different things. But as Dr. Faber said, we should buy real estate in the country side and learn to live in a self sustainable form. He is absolutely right. If the whole world changed their life styles right now and began to live locally and self sustainably and eco friendly, we could rescue the economy and avoid civil wars.

[Ararara22]

Faber: 'and if you have a global synchronized boom I suppose one day we are gonna have a global synchronized bust...' CNBC interviewer: 'don't say! don't say!'

ah ah ah, that's exactly what's gonna happen over the next 36-48 monts. buy gold, agricultural estate or commodities.

[mongobobo]

bad call dude.

dollar has rallied big time.

[mongobobo]

Although Faber was right that commodities were over bought and became more so.

I'm thinking now isn't a bad time to jump in. Dollar is off its high in Oct. and has fallen from 88 to 85 in the index.

Who knows?

[Ararara22]

nice timing for your comment... with the $ trading lower to 1.40 on the Euro right today...

[mongobobo]

Nice timing indeed. However, I just sold my 600 shares of DGP after gaining 30% on it. I expect a little pull back on gold and commodities in general after today.

[simonkcaaa]

marc faber is a genius...great inteview...too bad the other guys didnt know s*it

[Silvsilvchan]

Listening to guys like this makes me flinch. I went out and bought several one ounce silver coins a few months ago at fifteen bucks a pop and already they are worth twenty a piece...

... I also stocked up on canned goods and ammo for my AR-15. =P Fortunately I do live on a farm, but that is not the point.

[sugarpuddin88]

Silver - commities are OBVIOUSLY a long term deal

But the AR-15 is useless -- Your law enforcement has militarized itself; and the Bush monarchy has removed Posse Comitatus Act

You might want to read executive order 1955 & the so-called Victory Act

Thank god for my second citizenship!

American sheeple deserve what they get!

[Silvsilvchan]

Actually the AR-15 is for looters. =P

But equally for such. And I have.

Read executive order 1955 and the Victory Act? No, just watch the Waco incident. I will probably die in the event that the hammer comes down. But I am taking as many of them with me as I can. >>

And you think your second citizenship is going to save you? You don't realize as bad as Bush, Clinton, so on and so forth are that every other place isn't just as bad or becoming that way? Sorry hon, we're all screwed.

[Athenaikos]

Marc Faber has many valid points. Needs to be listened to.

[pier23ca]

These three stooges from CNBC amuse as they stare at the genius Marc Faber.

These TV Talking Heads might hobnob with Elites after hours, yet, Elites do not tell these stooges how the system works.

CNBC amounts persuasion-in-propaganda for Blue Hair 401k morons who confuse Stock Exchange Casino gambling with "investing".

[daniel987878]

Last post so far.