5/25/10 Marc Faber on Bloomberg: Bearish on Politicians
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"Mr. Obama and his clowns around him don't understand... their going to destroy the economy." ...Classic Faber.
1 year ago 19
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Listen to:
Faber, Celente, Kaiser, Paul, Schiff, Chapman!
Its all over soon!
Get ready for the total collapse of the GLOBAL FINANCIAL SYSTEM!
DeathOfTheDollar dot com
1 year ago 7
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All Comments (18)
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Marc is a human economic history book. If anyone has read his books youd understand the man knows abkut crisis from the 17th century. I dont take Celente or kaiser serious. Faber and Rogers have been all over the world and profited on crisis so i definately listen to their financial advise after all there super rich, they only act nice because their humble.
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doctored and massaged hahaha
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Does anyone else just want to drink beer with Faber?
1 year ago 2
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i can only understand about twenty percent of what he says but i like what i hear , he makes much sense
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@prescottbill That's what I have been doing. Buying some silver bullion every month. If I ever get a job, which I probably won't in this economic climate, I will start buying Gold. I know very few people my age who are home owners (I'm 25), the ones that a and both wage earners push most of their income into the house payment, utilities, prop. taxes and have nothing left over in the end. My generation cannot afford housing, nor will the next generation.
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A good gambler knows at some point you have to leave the table in order to go home a winner. Faber says at the end of this interview, you need to know when to leave the "game".
I wish he would talk more about the end game, hyperinflation and how to survive it. His gold call is consistent, and he has recommended becoming your own central bank by buying physical gold every month. Kind of like a Christmas Club for Economic Armageddon.
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@iFreedom4ever cheers man
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This is a bad title for this video - he is only negative on politicians. Which, most of us would agree . . . he has been correct thus far, its much tougher to critisize with a track record like his!
bwheeler83 1 year ago
@bwheeler83, good point on the title, I changed it.
C4Liberty 1 year ago