CNBC - Marc Faber on Global Credit Bubble - 10.22.07 [1/3]
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Faber predicted it all!
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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.
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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.
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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.
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nice timing for your comment... with the $ trading lower to 1.40 on the Euro right today...
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bad call dude.
dollar has rallied big time.
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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.
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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!
marc faber is a genius...great inteview...too bad the other guys didnt know s*it
simonkcaaa 3 years ago 3
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?
mongobobo 3 years ago 2