Marc Faber-Still Sees Some Opportunities in Stocks
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@organopleno2000 Hey man,
I think it looks like he says 7 trillion
TKMRacer28 2 years ago
Marc could predict the bottom of march 2009!
frankXUANRJ 2 years ago
yeah, faber generally knows his stuff, but expensive and inexpensive is relative to how it feels on your pocket- not how many dollars it takes with or w/o inflation... to say it is less expensive than in the 80s, im not sure i understand. Spending 1000 on an ounce today i would think hurts more than the 300 it would have cost in the 80s because people have been smothered so much, competition with Corps, unemployment, etc... even though in numbers it is cheaper, it doenst feel so.
dankeewolnir4042 2 years ago
Actually I mean't at 1:11
organopleno2000 2 years ago
Who censored the international reserve number at he speaks of at 4:06 ?!?!?
"International reserves have gone from 1 trillion USD up to XXX trillion USD ...."
(If I read onlips, I hear 54 trillions (??!?!? ...)
Does anyone know the number ?
organopleno2000 2 years ago
Marc Faber has got to be one of the smartest economic people in the world. He seems to know every statistic and important event ever.
rooper666hell 2 years ago
Even if gold went to $600 the uptrend would still be in place.
apelove4u 2 years ago