2/22/10 Marc Faber on Bloomberg: Stocks to Fall in 2010
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faber is WRONG. markets are booming. so where is the pullback???
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Austrian School of economics/
He is from Switzerland. I think he knows all major schools of economics though
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he was dead on. After april the markets went to crap.
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@spunright Not too late to buy gold.
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So why is my portfolio going great guns right now? Darn should be in gold and roman noodles.
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One of many things I like about the videos by these very wise people (Faber, Schiff, Rogers, Celente...etc) is that it attracts very intelligent viewers judging by many of the comments. @linnx88, Rizky06, measax, shouldlistentoronpaul and others, excellent comments. You guys/gals get it - keep on spreading the word. The only way to not get defeated by central banking is if everyone understands what they are doing, and rely on eachother instead of depending on them.
1 year ago 2
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@golfprobro4eagles Gerald called for food shortages in the 80s. yes they understand that the monetary system is broken but its not possible to fix. Money is corruptive. Get used to it. Marc is my fav of all. i find him to be brilliant man but he is betting on the US government to inflate ad-infinitum. If they do that it will be end game. The US in its modern, recorded technologic history has not dealt w/ hyperinflation. Deflation we beat. Which would you pick?What you know or don't know?
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I thought he was Swiss
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This guy literally understands everything so well that when people ask him questions he laughs. I kind of wrote him off when he said a moth ago that the s and p would sell off and precious metals would go lower before higher again. He was exactly right and now I listen very closely.
2 years ago 7
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End the FED.
wcarlpdrysdale 2 years ago 16
Listen up girls. Gerald Selentes,Peter Schiff, Jim Rogers and Marc have been right about everything that has happend. This is what scares the hell out of me.
golfprobro4eagles 2 years ago 14