Marc Faber Forecast Part 2
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Mirror, Mirror on the Wall, When is the Next AIG to Fall? | Marc Faber
watch?v=H0sS6a9RW2E
FYI
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On second thought, maybe it wasn't actually Marc Faber who replied to my post. Now I feel a bit silly. Eh, well.
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My heart skipped a beat when I saw that Dr. Faber had replied to my little post concerning this video. As I try to learn about economics, and try to understand current problems, I consume everything that Dr. Faber says or writes. His comments seem to be based on wide experience, careful study, and rigorous thought. Marc Faber rocks!
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Yes......that is correct.
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In late May 2009, during an interview on Bloomberg Asia, Marc Faber mentioned Hong Kong as a good place to store gold. He has soured on Switzerland as a place to store it.
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If you move your gold outside of the usa where. The usa will tell canada to open any usa citizens account. switerzand is in trouble now. Where do you hide?
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Be very careful with Asia, particularly China. U really have to know the market because its easy to get ripped off & when u do get into problems there is no support because thr is a lack of regulation. Otherwise there r some very good investments.
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another thing that if u do not reinvest in 2months you will own 38 % capital gain taxes Obama administration is closing all loopholes and if u do not pay they will confiscate everything that you have got . So reinvestment is a must . This is why I see RE is about to be hot . Faber is right .
finially someone says obama is a disaster. Its about time. Ive been saying obama is a catastrophe since hes been on oprah year ago. The guy is a fraud. This country is so stupid!
30percentplusreturns 2 years ago 10
This man is sane, reasonable, and in case you wondered..I just found out he got a PHD in economics....Magna Cum Laude.....at 24.
The world is changing, we have to be flexible.
kahanasam 2 years ago 6