Marc Faber On Dow Plunge

Dr Faber breaks down the sudden drop of the Dow and the Greek Riots

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News & Politics

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[1NWOMD]

@RealityControl4 Im an American and I know the enemy is Goldman Sachs and the IMF.

[VexZee]

Goldman Sachs is the enemy. Why are they still America? KIck them out.

[pretorious700]

I like the way the talking heads gloss over Dr. Faber's comments when he begins to say how he really feels about the global economy. Hard for them to fathom that someday they may have to get a real job.

[pretorious700]

The whole thing was manipulated. Wall Street is controlling government policy concerning regulation by artificially controlling the market with computer trading that triggers day trading in one direction or the other.

[UVpirate]

In diapers in 87? Shit. Im old.

[foxbat101]

The system will not fail, it will change. Or be changed. Even if / when the "system" collapses that is a part of the whole. so the so called system can not fail or stop it just changes. That will be good and it is natural, like a game of chess, when you finish one game you have the tools to start a new one.

Perhaps we can all look forward to this change with excitement .

Peter

[ianjames67]

you might be needing those diapers again soon..

[Motoicon]

@BiggerThinking1 I notice the same thing, every time. I hate arrogant media. In 2 years time they will be sucking their thumbs and wettin their diapers

[Motoicon]

Unreal. Every time Marc or any pro gold analyst mentions the metals or brings up massive QE that all governments are doing and the consequences of that, they cut him off. Every time.

[BiggerThinking1]

Key point of this video is 3:53 - where Faber says the entire financial system will go to zero in an instand just like some stocks in the May 7 plummet, and at 4:19 as the instant Faber mentions Gold as the solution - the panicked reaction of the presenter cutting him off and changing the subject to trivialities.

Buy Gold and Silver people -

1. protect your wealth

2. Maybe even make historic profits!

[traingp7]

@VexZee It won't matter. The banksters are like drug cartels. You take one out and another smaller one just comes in and takes over the business of the last cartel and the same shit continues. As long as men value money and power above all else their will always be a goldman sachs in this world it's just the way it is.

[prescottbill]

Of course Dr. Faber called the ECB bailout correctly. Print now, deal with it later from the Benron school of central banking.